LEIFRAS Co., Ltd. Successfully Closes Initial Public Offering to Boost Youth Sports Engagement
LEIFRAS Co., Ltd. Celebrates Initial Public Offering
On October 10, 2025, LEIFRAS Co., Ltd. announced a significant milestone in its growth by successfully closing its initial public offering (IPO) on the Nasdaq Capital Market under the ticker symbol LFS. The company, known for its commitment to fostering youth sports and community engagement, offered 1,250,000 American Depositary Shares (ADS) at a public offering price of $4.00 each. This move reflects LEIFRAS's dedication to expanding its operations and enhancing its impact on communities through sports.
Details of the Offering
With the IPO, LEIFRAS has secured gross proceeds of $5.0 million, excluding underwriting discounts and other expenses related to the offering. Notably, the underwriters have been granted a 45-day option to purchase up to an additional 187,500 ADSs to cover over-allotments, further emphasizing the growing interest in the company's vision.
The revenue generated from the IPO is set to be utilized for several purposes:
1. Investment in Human Resources: Expanding the company's youth sports sector requires a dedicated team, and LEIFRAS plans to hire full-time staff to boost its operations.
2. Growth of Sports School Business: Enhancing the company's sports school offerings, including securing new facilities and hiring part-time staff, is a key focus moving forward.
3. Development of Social Business Initiatives: LEIFRAS aims to invest in part-time personnel for its social business initiatives, which play a critical role in promoting community engagement.
4. General Working Capital: Funds will also support other ongoing operational needs, ensuring the company's sustainability and growth in the competitive sports industry.
Background of LEIFRAS Co., Ltd.
Based in Tokyo, Japan, LEIFRAS has quickly established itself as a leader in the youth sports sector. As of December 31, 2024, it was recognized by Tokyo Shoko Research as one of the largest operators of children's sports schools in Japan, measured by both facilities and membership. The company operates under the principle of enhancing non-cognitive skills among children through a holistic approach to sports education that emphasizes acknowledgment, praise, encouragement, and motivation.
In addition to its robust sports education programs, LEIFRAS also has a notable social business sector that dispatches sports coaches to meet community needs, thus promoting physical health and social inclusion across various demographics. This commitment to enriching lives through sports sets LEIFRAS apart from its competitors.
Legal and Regulatory Aspects
The offering was executed on a firm commitment basis, with Kingswood Capital Partners, LLC acting as the representative for the underwriters. Legal counsel was provided by Hunter Taubman Fischer Li LLC for the company and Loeb & Loeb LLP for Kingswood. The registration statement regarding this IPO was filed with the U.S. Securities and Exchange Commission (SEC) and became effective on September 29, 2025, ensuring compliance with all regulatory requirements.
Investors seeking further details about the final prospectus can acquire it through Kingswood via email at [email protected], or download it from the SEC’s website at www.sec.gov.
Looking Ahead
With the successful closure of this IPO, LEIFRAS Co., Ltd. is poised for a new chapter in its journey, aiming to enhance its offerings and continue creating a positive impact in youth sports. As expressed by the company, it is driven by an ambition to not only grow its market share but to instill a love for sports in the next generation while fostering community spirit through active engagement.
As LEIFRAS embarks on this exciting phase, stakeholders, investors, and community members will be keenly observing how the company utilizes this capital to further its mission and expand its reach in the realm of youth sports education.