WestPark Capital Announces Completion of $940 million Direct Listing of Advasa Holdings, Inc. (Nasdaq:ADBT)

LOS ANGELES--(BUSINESS WIRE)--WestPark Capital, a Los Angeles based international investment bank and securities brokerage firm, today announced the successful completion of the $940,463,570 direct listing of Advasa Holdings, Inc. (Nasdaq: ADBT). Advasa is a fintech payment holding company providing Earned Wage Access (EWA) and next-generation financial infrastructure solutions through its Japanese operating subsidiary ADVASA Co., Ltd.

WestPark Capital, Inc. was the Financial Advisor.

The Company’s registration statement on Form S-1, as filed with the Securities and Exchange Commission (the “SEC”), relating to the Company’s public direct listing of its common stock was declared effective by the SEC on August 11, 2026, and its common stock was approved for listing on the Nasdaq Global Market (“Nasdaq”). The direct listing was made only by means of a prospectus forming part of the Company’s effective registration statement. A copy of the prospectus may be obtained without charge by visiting the SEC’s EDGAR website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About WestPark Capital

WestPark Capital is a full-service investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, media and telecom industries, among other categories. WestPark Capital provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements, CMPOs, RDs, SIPOs and corporate finance advisory services.