Initial Public Offering: rYojbaba Co., Ltd. successfully closed its IPO, offering 1,250,000 shares at $4.00 each, raising a total of $5 million, with shares now trading on the Nasdaq under the ticker "RYOJ".
Use of Proceeds: The company plans to utilize the funds for working capital, development of an IT platform, hiring consultants, and expanding its consulting business and health services through mergers and acquisitions.
RYOJ
$3.665+Infinity%1D
Analyst Views on RYOJ
About RYOJ
rYojbaba Co Ltd is a Japan-based company mainly provides health services and labor and corporate consulting services to foster constructive employment relationships between companies and their employees. The Company is engaged in two primary businesses in Japan. Consulting services are provided to companies that aim to build constructive relationships with labor unions, including improving union membership rates, providing practical support for internal whistleblowing and stress checks within companies, and consulting services aimed at constructive dispute resolution between companies and labor unions. Health services provide health services aimed at alleviating physical discomfort caused mainly by work-related stress through chiropractic clinics and chiropractic beauty salons.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
