Space junk removal startup Astroscale untraded amid glut of buy orders in Tokyo debut
05/06/2024 01:00
TOKYO, June 5 (Reuters) - Shares of space junk removal
startup Astroscale Holdings 186A.T were untraded with a glut
of buy orders in their debut on Tokyo's growth market on
Wednesday.
The stock had an initial public offering price of 850 yen a
share.
Astroscale has won government backing in Japan, the U.S. and
Britain as it develops technology to remove orbital debris seen
as a collision risk.
(Reporting by Kantaro Komiya; Editing by Christopher Cushing)
((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))