TryHard Holdings, which organizes live entertainment events, and operates restaurants in Japan, filed on Tuesday with the SEC to raise up to $7 million in an initial public offering.
The company plans to raise $7 million by offering 1.5 million shares (30% secondary) at a price range of $4 to $5. At the midpoint of the proposed range, TryHard Holdings would command a market cap of $233 million.
The company provides event planning services, event consultancy and management services, sub-leases entertainment venues, and owns and operates restaurants in Japan. Major events put on by TryHard Holdings include music festivals, fireworks and sky lantern festivals, camping festivals, and Japanese culture showcases targeting foreign visitors. The company also manages 16 nightclubs throughout Japan.
The Osaka, Japan-based company was founded in 2013 and plans to list on the Nasdaq under the symbol THH. US Tiger Securities is the sole bookrunner on the deal.
