I³ Systems, Inc. has completed an IPO in the amount of ¥468 million.
July 15, 2020 at 12:00 am
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i³ Systems, Inc. has completed an IPO in the amount of ¥468 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 150,000
PriceRange: ¥3120
Discount Per Security: ¥249.6
Transaction Features: Sponsor Backed Offering
i Cubed Systems Inc is a Japan-based company mainly engaged in the provision of management services for managing mobile terminals as Software as a Service (SaaS), and the investing activities. The Company operates through two business segments. The CLOMO business segment provides functions for visualizing the usage status of mobile terminals, setting and restricting functions, and security measures as licenses, centered on CLOMO MDM, a mobile device management (MDM) service that centrally manages and operates mobile terminals and mobile personal computers (PCs). The CLOMO business segment also sells licenses for CLOMO SECURED APPs, which are applications for mobile terminals. The main services include CLOMO service and SECURED APPs service. The Investment Business segment is engaged in investment activities through corporate venture capital (CVC) and mergers and acquisitions (M&A). The main investment targets include mobile, SaaS, security and others.
I CUBED SYSTEMS, INC. 
