SFIDA X, a Japan-based provider of website design, development, and other IT services, withdrew its plans for an initial public offering on Tuesday. It had initially filed in December 2024, and set terms in June 2025 to raise $6 million by offering 1 million shares at a price range of $5 to $6
The Tokyo, Japan-based company was founded in 2009 and booked $33 million in sales for the 12 months ended March 31, 2025. It had planned to list on the Nasdaq under the symbol SFDX. ThinkEquity was set to be the sole bookrunner on the deal.
