Human Made Inc., a Japanese streetwear firm founded by celebrity designer Nigo who also created the A Bathing Ape (BAPE) fashion line, priced its initial public offering at the top of the marketed range.
The company sold shares at ¥3,130 apiece, according to a regulatory filing on Monday. That implies the IPO, which included sale of shares from existing shareholders like Nigo and Pharrell Williams, raised ¥17.8 billion ($115 million). The firm also issued new shares to raise capital for opening new stores in Japan and for investing in e-commerce.
AloJapan.com