Advasa Holdings Inc completed its direct listing on the Nasdaq Global Market on August 25, 2026, under the ticker symbol ADBT. WestPark Capital announced the successful completion of the $940,463,570 listing for the Delaware-based fintech payment holding company.

The market debut follows a one-week delay from the initial August 18 target to finalize clearing procedures. Advasa operates through its Japanese subsidiary, ADVASA Co., Ltd., which runs "FUKUPE," an Earned Wage Access (EWA) platform allowing employees to access earned wages in real-time.

Listing Mechanics and Timeline

The company’s registration statement on Form S-1 was declared effective by the Securities and Exchange Commission (SEC) on August 11, 2026. Trading commenced following the completion of Nasdaq’s opening auction process, which determines the opening price based on buy and sell orders. While regular market sessions begin at 9:30 am Eastern Time (ET), the actual start time varied depending on order activity and market conditions.

Prior to the listing, Advasa coordinated with the Depository Trust Company (DTC) and brokerage clearing participants to ensure synchronized execution across domestic and international platforms, including Japanese overnight and after-market sessions.

Brokerage Access in Japan

Trading is accessible through several securities firms in Japan, subject to individual brokerage timelines and account restrictions. The list of participating firms has been updated to include Moomoo Securities Japan Co., Ltd.

• Monex Inc
• Moomoo Securities Japan Co., Ltd.
• Rakuten Securities Inc
• SBI SECURITIES Co Ltd
• Webull Securities (Japan) Co Ltd

Japanese investors are advised to consult their respective platforms directly to confirm exact trading hours, potential local restrictions, and fee structures.

Corporate Profile and Advisors

Advasa Holdings leverages a global patent strategy, establishing an intellectual property foundation across markets including Japan, the United States, South Korea, and Singapore. By integrating with major HR and payroll systems and diverse payment infrastructures such as bank transfers and e-wallets, Advasa plans to expand from Japan into global markets, including Indonesia and the UAE.

WestPark Capital Inc acted as financial advisor and Anthony, Linder & Cacomanolis PLLC acted as securities counsel to Advasa in connection with the direct listing.