Human Made Inc., a Japanese streetwear firm founded by celebrity designer Nigo who created the A Bathing Ape (BAPE) fashion line, boosted the price of its initial share sale after solid investor demand.

The company set a price range of ¥3,000 to ¥3,130 for its upcoming sale of shares that will be listed in Tokyo, a regulatory filing shows. That compares with ¥2,920, the estimated price it set earlier.

That means the initial public offering could raise as much as ¥17.8 billion ($116 million), according to Bloomberg calculations, including shares being sold by existing shareholders including Nigo and Pharrell Williams . The company will also issue new shares to raise funds to open new stores in Japan and cover other capital expenditures like e-commerce investments.

Nigo, whose real name

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