Astroscale ¥11.7bn international share offering
On-orbit servicing company Astroscale sold new shares to investors outside Japan, mainly to fund defence work.
- Company
- Astroscale
- Type
- Equity raise
- Status
- Completed
- Date
- 23 May 2025
- Value
- JPY 11.7bn
- US$ equivalent
- US$78m
- Value basis
- 18m new shares at ¥650 (¥11.7bn gross; ¥10.99bn paid to the company at ¥610.29 a share)
- Region
- Japan
- Segment
- Listed equity
Parties
- Astroscale Holdings issuer
Key terms
- Offer price
- ¥650, a 9.97% discount to the ¥722 close on 19 May 2025
- Net proceeds
- about ¥10.66bn
- Use of proceeds
- Defence projects (¥4bn by April 2027) and other on-orbit servicing growth
Sources
- Astroscale Holdings TDnet notice: determination of offer price for the international offering www2.jpx.co.jp · 19 May 2025
Record ORB-INV-2025-0024. Investments are kept apart from the financings register and never counted in debt totals.