IPO Journey
Micware Co., Ltd.
IPO Date: May 15, 2026 · 5 filings tracked
Final Offer Terms
Ticker
MWC
Exchange
Nasdaq Global Market
Offer Price
$8.00
Shares Offered
2,850,000
Estimated Proceeds
$22.8M
Expected Listing
May 15, 2026
Underwriters
Led by Alliance Global Partners
Filing Timeline
1
F-1
March 6, 2026
- Specializes in critical automotive software for navigation and connectivity.
- Strategic shift toward high-margin 'Software Defined Vehicle' solutions.
2
F-1/A
April 2, 2026
- Leading provider of embedded software for navigation and digital dashboards in the automotive sector.
- Strong revenue growth, reaching $140.2 million for the fiscal year ending February 2025.
3
F-1/A
April 15, 2026
- Specialized leader in automotive software for navigation and digital cockpits
- Deeply integrated partnerships with industry giants like Toyota and Honda
Changes from previous filing
- ▸ Ticker symbol removed
- ▸ Price range removed
4
F-1/A
April 27, 2026
- Established 20-year track record in the high-growth automotive software sector.
- Strategic focus on essential vehicle tech: In-Vehicle Infotainment, telematics, and navigation.
Changes from previous filing
- ▸ Ticker symbol: MWC
- ▸ Exchange: Nasdaq Global Market
- ▸ Expected offer range: $7.0 – $9.0 per share
- ▸ Shares offered: 2,150,000
- ▸ Estimated proceeds: $15M
- ▸ Underwriters: Alliance Global Partners
424B4
Final Pricing
May 15, 2026
- Established player with 20+ years of experience in automotive software.
- Core partner for major car manufacturers in the growing Software Defined Vehicle market.
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $8.0 per share
- ▸ Shares offered: 2,850,000
- ▸ Estimated proceeds: $22M
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.