Amatuhi Holdings, a Japanese operator of group homes for individuals with disabilities, raised the proposed deal size for its upcoming IPO on Friday.
The Yokohama, Japan-based company now plans to raise $24 million by offering 3 million shares at a price range of $7 to $9. The company had previously filed to offer the same number of shares at a price range of $4 to $6. At the midpoint of the revised range, Amatuhi Holdings will raise 60% more in proceeds than previously anticipated.
The company operates group homes in Japan for people with disabilities, providing communal living assistance, daily support services, and housing. Its operations are primarily funded through government programs.
Amatuhi Holdings was founded in 2021 and booked $81 million in revenue for the 12 months ended December 31, 2025. It plans to list on the Nasdaq under the symbol AMTU. Spartan Capital Securities is the sole bookrunner on the deal.
