CosmicTaco

JXAM's $3 Billion IPO: Japan's Largest in 7 Years

CosmicTaco · 2025-02-15T09:00:15.696073+05:30

- JX Advanced Metals (JXAM), a unit of Eneos Holdings, received approval for a $3 billion IPO, the largest in Japan since 2018. - The tentative share price is set at 862 yen, with final pricing on March 10 and listing on March 19. - Eneos plans to sell 465.2 million shares, using proceeds for growth investments and shareholder returns. Source: [Channel Newsasia](https://www.channelnewsasia.com/business/eneos-aims-raise-much-3-billion-metals-unit-ipo-4938126), [Channel Newsasia](https://www.channelnewsasia.com/business/eneos-seeks-up-3-billion-biggest-japan-ipo-2018-4938126)

JX Advanced Metals (JXAM), a unit of Eneos Holdings, received approval for a $3 billion IPO, the largest in Japan since 2018.
The tentative share price is set at 862 yen, with final pricing on March 10 and listing on March 19.
Eneos plans to sell 465.2 million shares, using proceeds for growth investments and shareholder returns.

Source: Channel Newsasia, Channel Newsasia