Conference Agenda
8:00AM-9:00AM
Light breakfast and coffee
9:20AM-9:45AM
State of the U.S. IPO Market & Nasdaq’s Evolving Standards
Speaker:
Chieko Murata, Managing Director: Listing, Japan, Nasdaq
Introduces recent listing and trading data for NASDAQ-listed companies, explains the exchange's role in supporting companies before and after listing, and discusses the key listing criteria that private companies must meet to list on NASDAQ.
9:00AM-9:20AM
Welcome and Introductory Remarks
Speaker:
Drew Bernstein, Co-Chair, Marcum Asia CPAs LLP
Welcomes the attendees and sponsors and provide an overview of cross-border IPOs and SPACs from Japan, the growing interest among U.S. investors, and the challenges and success factors for U.S. listings.
9:45AM-10:15AM
Keynote Fireside Chat: Japan’s Vision for Global Innovation Companies
Interviewer:
Jordan Fisher, Zehitomo Inc., Venture Partner Antler Japan
Speaker:
TBA
10:15AM-11:00AM
From Startups to Scale - Building Companies Worth Listing
Moderator:
Crocker Coulson, CEO, AUM Advisors
Speaker:
Kiyoshi Seko, President & COO, Representative Director of Kyoto Fusioneering
Isei Takino, CEO, Mujin
This panel discussion will offer frank perspectives and current market information on what it takes to position your company for a successful listing. Hear from the CEOs of companies at the leading edge of innovation in sectors including AI, quantum, nuclear fusion, and mobility, how Japan’s scientific depth and industrial expertise are giving rise to a new generation of private companies ready to compete on the global stage.
11:00AM-11:20AM
Coffee and Networking Break
12:00AM-12:55PM
Paths to Public Status: IPO versus de-SPAC and Direct Listings
Moderator: Crocker Coulson, CEO, AUM Advisors
Speakers:
Alex Jin, Head of Asia Investment Banking, Maxim Group
Karen Mu, Global Head, Asia Banking
Takahiko Onozuka, Chairman and CEO, TOYO Co. Ltd
Simon Shi, CEO, Blue World Acquisition Corporation
Robert Stephenson, Managing Director, Roth Capital
Gen Takahashi, Vice President, Cohen & Co.
Arila Zhou, Partner, Robinson + Cole
While an Initial public offering is the established path to public status, several high-profile Japanese companies have also gone public in the United States by merging with a special purpose acquisition company, or SPAC. SPAC IPOs have been extremely vibrant in the past 18 months. In addition, direct listings are becoming increasingly popular among companies that need to provide liquidity to shareholders and have equity for acquisitions, but do not need to raise capital immediately. Learn the trade-offs behind each path.
11:20AM-12:00PM
Raising Global Growth Capital
Moderator:
David Danovich, Partner, Sullivan & Worcester
Speakers:
Archibald Ciganer, Managing Partner, Artemis Ventures, Ltd.
Kei Nagsawa, Founding Partner, Minerva Growth Partners
Japan is now on the radar of global venture and crossover investors, and tapping into capital beyond the domestic private equity ecosystem is essential to success. Learn from some of the top funds how they think about the opportunities in Japan, what their criteria are to commit capital, and how to prepare for global scale and impact.
13:20AM-14:20PM
Lucheon Case Study:“The Secrets Behind a Major IPO Success from Japan”
Speaker:
TBA
Interviewer:
Chieko Murata, Managing Director: Listing, Japan, Nasdaq
12:55AM-13:20PM
Lunch
14:50AM-15:30PM
Preparing for the IPO: Legal, Accounting, and Audit
Moderator:
Drew Bernstein, Co-Chair, Marcum Asia CPAs LLP
Speakers:
TBA, Partner, Marcum Asia CPAs LLP
Richard Anslow, Partner, Ellenoff Grossman
Craig Linder, Partner, Anthony, Linder & Cacomanolis, PLLC
Akira Nozaki, Partner, SprAut Audit Corporation
Hidehiro Tanaka, President, The BNY Japan
Lou Taubman, Partner, Hunter Taubman
Building the right team of advisors is vital to taking advantage of market windows and moving through SEC registration efficiently. Learn about the roles of your auditor, internal accounting firm, SEC legal counsel, and other key advisors in the IPO process.
14:20AM-14:50PM
Unlocking Liquidity - Secondaries & Cap Tables
Moderator:
Jordan Fisher, Zehitomo Inc., Venture Partner, Antler Japan
Speakers:
Anthony Costa, VP, General Atlantic
Yuji Mori, Director and CFO, SmartHR
James Riney, Founding Partner and CEO, Coral Capital
Explore global best practices that private companies employ on secondaries, LP buyouts, and other techniques to provide liquidity to early-stage investors and key employees and optimize their cap tables in advance of an IPO.
15:30AM-15:50PM
Coffee and Networking Break
15:50AM-16:30PM
Developing a Following on Wall Street: IR, Research Coverage, and Trading
Moderator:
Sachiko Katori, Director, Japan, AUM Advisor
Speakers:
Crocker Coulson, CEO, AUM Advisors
Matthew Raftner, SVP, Nasdaq
Hidehiro Tanaka, President, BNY Japan
While some may think that ringing the opening bell on the first day of trading is the end of the IPO journey, it is only the beginning. New public companies must proactively engage with investors to develop liquidity in the stock and attract an institutional following. Learn about the elements of success, including analyst coverage, non-deal roadshows, investment conferences, and frequent and accurate disclosures.
16:30AM-17:10PM
Tapping the Markets: Shelf Offerings, PIPES, ATMs, and M&A
Moderator: Crocker Coulson, CEO, AUM Advisors
Laura Anthony, Partner, Anthony, Linder & Cacomanolis, PLLC
John Stapleton, Partner, Taft
Robert Stephenson, Managing Director, Roth Capital
One of the principal advantages of a U.S. listing is the flexibility to conduct follow-on offerings to raise multiple rounds of growth capital and use equity as a currency to make acquisitions. This is particularly important in sectors such as life sciences, technology, or AI, which may require intensive investment over multiple years. Learn about the options to tap the equity and debt markets, including registered directs, ATMs, PIPEs, and convertibles, as well as the “toxic” structures that can destroy shareholder value.
17:10AM-17:15PM
Closing and Thank you
17:20AM-19:00PM
Cocktails and Hors Oeuvres