Japanese NAND Flash maker Kioxia to be listed on TSE Prime Market

Japanese NAND Flash maker Kioxia has obtained IPO approval from the Tokyo Stock Exchange and is expected to be listed on the TSE Prime market on December 18. The market value is expected to reach 750 billion yen (about 35.194 billion yuan). Bain Capital-backed Kioxia priced its initial IPO at 1,390 yen (65.23 yuan) per share.