TY AM Group, which provides marketing and sales services for residential properties in Japan, announced terms for its IPO on Friday. The Hong Kong, China-based company plans to raise $19 million by offering 3.8 million shares at a price range of $4 to $6.
TY AM Group operates through its subsidiary, TY Property HK Limited, providing property consultancy services to facilitate the sale of property units in Japan. The company focuses on marketing and sales facilitation for Japanese residential and BnB properties, particularly in Niseko and Osaka, targeting overseas investors from regions such as Hong Kong, Singapore, Thailand, and the US.
TY AM Group was founded in 2019 and plans to list on the Nasdaq under the symbol TYAM. D. Boral Capital is the sole bookrunner on the deal.
