Japanese Dining Group Riku Dining(RIKU.US)IPO Priced at $4 to $6 Per Share, Aims to Raise $25 Million

2026-03-17 08:10:08

Bloomberg Finance APP has learned that Riku Dining Group (RIKU.US), which operates and franchises Japanese restaurants in Canada and Hong Kong, announced its initial public offering (IPO) terms on Monday. The Toronto-based company plans to raise $25 million by issuing 5 million shares, with an offering price range of $4 to $6 per share.

The company is a restaurant operator with Japanese-themed dining concepts in Canada and Hong Kong. In Canada, it holds the franchise rights for Ajisen Ramen, directly operates four restaurants in Ontario, and franchises an additional nine restaurants. In Hong Kong, the company has franchise rights for three brands, totaling seven restaurants: Yakiniku Kakura, Yakiniku 801, and Ufufu Café.

For the 12 months ending September 30, 2025, its revenue was $16 million. The company plans to list on Nasdaq under the ticker symbol RIKU. Eddid Securities and Futures is the sole underwriter for the offering.

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