{"id":27281,"date":"2026-05-22T21:41:40","date_gmt":"2026-05-22T21:41:40","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/27281\/"},"modified":"2026-05-22T21:41:40","modified_gmt":"2026-05-22T21:41:40","slug":"seah-ipo-news-japan-based-recycling-firm-seahawk-recycling-holdings-increases-shares-offered-by-67-ahead-of-31-million-us-ipo","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/27281\/","title":{"rendered":"SEAH IPO News &#8211; Japan-based recycling firm Seahawk Recycling Holdings increases shares offered by 67% ahead of $31 million US IPO"},"content":{"rendered":"<p>                            <a id=\"seah_logoLink\" href=\"https:\/\/www.renaissancecapital.com\/Profile\/SEAH\/Seahawk-Recycling-Holdings\/IPO\" title=\"Seahawk Recycling Holdings (SEAH)\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/05\/SEAH_logo.jpg\" alt=\"Seahawk Recycling Holdings logo\"\/><\/a><\/p>\n<p>&#13;<br \/>\n                        Seahawk Recycling Holdings, a Japan-based provider of paper and scrap metal recycling services, raised the proposed deal size for its upcoming IPO on Friday.<\/p>\n<p>The Tokyo, Japan-based company now plans to raise $31 million by offering 6.3 million shares at a price range of $4 to $6. The company had previously filed to offer 3.8 million shares at the same range. They had originally filed to offer 2 million shares. At the midpoint of the revised deal size, Seahawk Recycling Holdings will raise 67% more in proceeds than previously anticipated and command a market cap of $149 million (+9% versus previous terms).<\/p>\n<p>The company provides recycling services in Japan, including both scrap metal recycling (70% of FY25 revenue), where the company acquires waste metal from collection companies and supplies it to smelters or trading companies, and waste paper recycling (27%), where the company sources waste paper and supplies it to pulp mills and trading companies. The company delivers recycled products both domestically and throughout the Asia Pacific region.<\/p>\n<p>Seahawk Recycling Holdings was founded in 2013 and booked $83 million in revenue for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol <a class=\"profilelink\" href=\"https:\/\/www.renaissancecapital.com\/Profile\/SEAH\" rel=\"nofollow noopener\" target=\"_blank\">SEAH<\/a>. Cathay Securities is the sole bookrunner on the deal.&#13;\n                    <\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Seahawk Recycling Holdings, a Japan-based provider of paper and scrap metal recycling services, raised the proposed deal&hellip;\n","protected":false},"author":2,"featured_media":27282,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[21574,1735,8,33,21572,21573,21575],"class_list":["post-27281","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-initial-public-offering","tag-ipo","tag-japan","tag-nihon","tag-seah","tag-seahawk-recycling-holdings","tag-terms-revision-up"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/27281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=27281"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/27281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/27282"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=27281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=27281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=27281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}