Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/anycolor-inc" target="_blank" data-smartkarma-citation="entities:36618:1" rel="noopener">Anycolor (5032 JP)</a> is conducting a Secondary Offering so that three major pre-IPO shareholders can sell their shares. Legend Capital, Skyland Ventures, and Highsino Group are selling.</li>
<li>That should bring minimum publicly-traded longs to 6.3685mm shares, but it could easily be higher. </li>
<li>Based on the most conservative read of all the data, Real World Float is a net 21.2% after this offering. In reality, probably higher. But there's still overhang.</li>
</ul>



Anycolor (5032 JP) is conducting a Secondary Offering so that three major pre-IPO shareholders can sell their shares. Legend Capital, Skyland Ventures, and Highsino Group are selling.
That should bring minimum publicly-traded longs to 6.3685mm shares, but it could easily be higher. 
Based on the most conservative read of all the data, Real World Float is a net 21.2% after this offering. In reality, probably higher. But there's still overhang.


Anycolor (5032 JP) Shareholder Structure Now And Future

APAC IPOs & Placements, Aequitas Research

Ethan Aw

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>Some shareholders of <a href="https://www.smartkarma.com/entities/anycolor-inc" target="_blank" data-smartkarma-citation="entities:36618:1" rel="noopener">Anycolor (5032 JP)</a> are looking to raise US$151.5m via an International Only Follow-on offering. </li>
<li>The deal is a relatively small one to digest in terms of ADV, representing only 4 days of three-month ADV.  Although, it is still 10% of current mcap. </li>
<li>In this note, we will talk about the deal dynamics and run the deal through our ECM framework.</li>
</ul>


Some shareholders of Anycolor (5032 JP) are looking to raise US$151.5m via an International Only Follow-on offering. 
The deal is a relatively small one to digest in terms of ADV, representing only 4 days of three-month ADV.  Although, it is still 10% of current mcap. 
In this note, we will talk about the deal dynamics and run the deal through our ECM framework.


Anycolor Placement - First Placement Since Listing but Should Do Fine

Japan

Anycolor Inc. operates animation production businesses. The Company produces anime and other products. Anycolor conducts businesses in Japan.

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Anycolor (5032 JP)

Anycolor (5032 JP) Shareholder Structure Now And Future

Anycolor (5032 JP) Shareholder Structure analysis presented. It's still a buy. I would want to own at the close today, or any dip on the Offering....

Travis Lundy

Anycolor Placement - First Placement Since Listing but Should Do Fine

Some shareholders of Anycolor (5032 JP) are looking to raise US$151.5m via an International Only Follow-on offering. We will talk about the deal...

Ethan Aw

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