20-F
supplemental
20-F
Pre-IPO filing captured from the SEC submission timeline.
Follows 424B4 in the pre-IPO sequence.
2026-04-08 · 0001829126-26-003281
424B4
priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows CERT and confirms the priced prospectus.
2025-10-10 · 0001829126-25-008019
CERT
inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows EFFECT in the pre-IPO sequence.
2025-10-08 · 0001354457-25-001002
8-A12B
effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows F-1/A and registers the class of securities for exchange listing.
2025-09-29 · 0001829126-25-007719
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 8-A12B and marks the registration effective.
2025-09-29 · 9999999995-25-003132
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
2025-09-17 · 0001829126-25-007436
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
2025-07-02 · 0001829126-25-004852
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior FWP filing.
Price $5.00 · Range $4.00 to $5.00 · 1,250,000 shares · Gross proceeds $6,250,000
Ordinary Shares · Exchange Nasdaq · Ticker LFS · Over-allotment 187,500 · Representative's Warrants exercisable at 120% of IPO price for 3% of ADSs sold · Use of proceeds for general corporate purposes · Flags foreign_private_issuer · Underwriters Kingswood Capital Partners, LLC
2025-06-13 · 0001829126-25-004474
FWP
supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows F-1/A and supplements the active offering with updated prospectus details.
2025-05-29 · 0001829126-25-004038
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
2025-05-20 · 0001829126-25-003832
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior FWP filing.
2025-03-11 · 0001829126-25-001693
FWP
supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows F-1/A and supplements the active offering with updated prospectus details.
Price $4.00 · Range $4.00 to $5.00 · 1,600,000 shares · Gross proceeds $8,000,000
ADS · Exchange NASDAQ Capital Market · Ticker LFS · Over-allotment 240,000 · Use of proceeds 39.1% for human resources, 21.1% for sports school expansion, 8.5% for social business, and 31.3% for working capital · Flags adr · Underwriters Kingswood Capital Partners, LLC
2025-02-25 · 0001829126-25-001194
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
Price $5.00 · Range $4.00 to $5.00 · 1,600,000 shares · Gross proceeds $8,000,000
Ordinary Shares · Exchange Nasdaq · Ticker LFS · Over-allotment 240,000 · Underwriters to receive warrants exercisable at 120% of IPO price for 3% of ADSs sold (not including over-allotment ADSs) · Use of proceeds General corporate purposes · Flags adr, foreign_private_issuer · Underwriters Kingswood Capital Partners, LLC
2025-02-19 · 0001829126-25-001094
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior FWP filing.
Range $4.00 to $5.00 · 1,600,000 shares · Gross proceeds $8,000,000
Ordinary Shares · Exchange Nasdaq · Ticker LFS · Over-allotment 240,000 · Warrants to purchase 3% of total ADSs sold at 120% of offering price · Use of proceeds Use of proceeds will be for general corporate purposes · Flags adr · Underwriters Kingswood Capital Partners, LLC
LEIFRAS Co., Ltd. is conducting an initial public offering (IPO) of 1,600,000 American Depositary Shares (ADSs), representing 1,600,000 ordinary shares, with an expected price range of $4.00 to $5.00 per ADS. The offering is underwritten by Kingswood Capital Partners, LLC, with underwriting discounts of 7% per ADS. Proceeds will be used for workforce expansion, sports school growth, social business development, and working capital. The company, headquartered in Tokyo, operates across 87% of Japan's prefectures, focusing on sports education and social support services. The IPO follows a previous FWP filing, with updated disclosures on ownership structure, risk factors, and underwriting terms.
2025-02-05 · 0001829126-25-000733
FWP
supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows F-1 and supplements the active offering with updated prospectus details.
Range $4.00 to $5.00 · 1,600,000 shares · Gross proceeds $8,000,000
Ordinary Shares · Exchange NASDAQ · Ticker LFS · Use of proceeds 39.1% for human resources, 21.1% for sports school expansion, 8.5% for social business, and 31.3% for working capital · Underwriters Kingswood Capital Partners, LLC
Leifras Co., Ltd. is a Japanese sports education company expanding across 41 prefectures, offering sports school and social support services. The company plans to raise $8 million via an IPO of 1.6 million American Depositary Shares (ADSs) at $4.00-$5.00 per ADS. Proceeds will fund hiring full-time staff, expanding sports schools, social services, and working capital. The offering is underpinned by a growing sports instruction market and strong financials, including 162.1% YoY operating income growth in 2023.
2025-01-10 · 0001829126-25-000146
F-1
filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Range $4.00 to $5.00 · 1,600,000 shares
Ordinary Shares · Exchange Nasdaq · Ticker LFS · Over-allotment 240,000 · Representative's Warrants exercisable at $6.00 per ADS (120% of assumed IPO price) for four and a half years · Use of proceeds General corporate purposes · Flags adr, foreign_private_issuer, warrants · Underwriters Kingswood Capital Partners, LLC
LEIFRAS Co., Ltd. is conducting an IPO of 1.6 million American Depositary Shares (ADSs), representing ordinary shares, with an expected price range of $4.00 to $5.00 per ADS. The company, an emerging growth company, plans to use proceeds for expanding its sports school and social businesses. The offering includes underwriting discounts, warrants for the lead underwriter, and a lock-up agreement. Listing on Nasdaq is conditional upon approval, which has not yet been secured.
2024-12-10 · 0001829126-24-008192
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
LEIFRAS Co., Ltd. is conducting a firm commitment initial public offering (IPO) of American Depositary Shares (ADSs) representing its ordinary shares. The IPO aims to raise capital through the issuance of [ ] ADSs, with an expected price range of $[ ] to $[ ] per ADS. The company plans to list on Nasdaq or NYSE American under the symbol LFS. The offering includes underwriting discounts, reimbursement expenses, and warrants for the lead underwriter, Kingswood Capital Partners, LLC. The filing also highlights risks related to market competition, operational expansion, and ownership concentration.
2024-09-30 · 0001829126-24-006550
DRS
filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
LEIFRAS Co., Ltd. is conducting a confidential initial public offering (IPO) of American Depositary Shares (ADSs) representing its ordinary shares. The offering, filed as a Form F-1, is underwritten by Kingswood Capital Partners, LLC, with an expected price range of $[ ] to $[ ] per ADS. The company, based in Japan, intends to list the ADSs on Nasdaq or NYSE American. No public market exists for the ADSs or ordinary shares prior to this offering, and the company is an emerging growth company with reduced reporting requirements. The filing includes risks related to ownership concentration, market volatility, and listing approval uncertainties.
2024-08-16 · 0001829126-24-005607