Japan - Skadden Advises Freee K.K. On Its US$329 Million Follow-On Equity Offering.

Legal News & Analysis - Asia Pacific - Japan - Private Equity

12 April 2021
 

Skadden advised freee K.K. in its follow-on offering of common stock. The company offered 4,481,800 shares at a price of 8,002 yen per share, for a total offer value of 35.86 billion yen (approximately US$329 million). freee K.K. is a leading Japanese SaaS provider of cloud-based accounting, payroll and other software solutions and is listed on the Tokyo Stock Exchange. The offering closed on April 7, 2021. Skadden also advised freee K.K. on its initial public offering on the Tokyo Stock Exchange in December 2019.

 

The Skadden team was led by partner Kenji Taneda, with Asia Pacific Counsel Ken Kiyota and associate Tatsuya Hasegawa.
 

Skadden

For further information, please contact:
 

Grace LordMarketing & Communications Specialist, Skadden

[email protected]