MEDIROM Healthcare Technologies, Inc.
Medirom Healthcare Technologies Inc., which we refer to in this prospectus as Medirom, is one of the leading holistic health services providers in Japan. Medirom is a franchiser and operator of healthcare salons across Japan and is a preferred platform partner for large consumer brands, healthcare service providers, and government entities to affect positive health outcomes. Through our well-known retail salon brands, including primarily Re.Ra.Ku®, nascent tech platforms, and targeted health consulting and marketing, we have formed a “healthtech” segment. The healthtech segment’s goal is to improve health outcomes and the satisfaction of our customers, as well as offer corporations data-rich, targeted advertising and promotional opportunities. We operate two synergistic lines of businesses: (1) Relaxation Salon Segment (retail); and (2) Digital Preventative Healthcare Segment (healthtech).
(Note: Medirom Healthcare’s IPO was downsized to 715,000 American Depositary Shares, down from 1.1 million ADS, in an SEC filing dated Dec. 22, 2020. The price range remains the same at $14 to $16 each. The deal’s size was previously trimmed to 1.1 million ADS in an SEC filing dated Dec. 17, 2020, down from 1.2 million ADS initially.)
|Address||2-3-1 Daiba, Minato-ku Tokyo 135-0091, Japan|
|View Prospectus:||MEDIROM Healthcare Technologies, Inc.|
|Revenues||$3.2 mil (last 12 months)|
|Net Income||$-479.7 mil (last 12 months)|
|Price range||$15.00 - $15.00|
|Est. $ Volume||$12.0 mil|
|Manager / Joint Managers||Maxim Group LLC|
|Expected To Trade:||12/29/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|