Restaurant operator plans to go public with 1.07 million shares

  • Sushi Ginza Onodera plans IPO of 1.07 million shares
  • Shares priced at $7-$8 each
  • Expected net proceeds of about $6.5 million
  • Company has applied to list shares on Nasdaq Capital Market

Restaurant operator Sushi Ginza Onodera has announced its plans to go public with an initial public offering (IPO) of 1.07 million shares. The shares will be priced at $7-$8 each, with an expected net proceeds of about $6.5 million. If the underwriters exercise an option to buy an additional 160,000 shares, the net proceeds could reach approximately $7.61 million. Sushi Ginza Onodera, which operates 13 restaurants globally, has applied to list its shares on the Nasdaq Capital Market under the symbol ONDR.

Public Companies: Sushi Ginza Onodera (ONDR)
Private Companies:
Key People:


Factuality Level: 9
Justification: The article provides factual information about Sushi Ginza Onodera’s plans to sell shares in its initial public offering, including the number of shares, the price range, and the expected net proceeds. The article also mentions the company’s intention to list its shares on the Nasdaq Capital Market. There are no digressions, irrelevant information, or biased perspectives in the article.

Noise Level: 7
Justification: The article provides basic information about Sushi Ginza Onodera’s plans to sell shares in its IPO. However, it lacks in-depth analysis, evidence, or insights into the company’s long-term trends, antifragility, or accountability of powerful people. It also does not provide actionable insights or solutions for the reader.

Financial Relevance: Yes
Financial Markets Impacted: Nasdaq Capital Market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial topic of Sushi Ginza Onodera’s initial public offering and its plans to sell shares on the Nasdaq Capital Market.

Reported publicly: www.marketwatch.com