<SEC-DOCUMENT>0001213900-25-073110.txt : 20250807
<SEC-HEADER>0001213900-25-073110.hdr.sgml : 20250807
<ACCEPTANCE-DATETIME>20250807163502
ACCESSION NUMBER:		0001213900-25-073110
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20250807
FILED AS OF DATE:		20250807
DATE AS OF CHANGE:		20250807

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CTW Cayman
		CENTRAL INDEX KEY:			0002047148
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		STATE OF INCORPORATION:			M0
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42758
		FILM NUMBER:		251194758

	BUSINESS ADDRESS:	
		STREET 1:		29F, ARK HILLS SENGOKUYAMA MORI TOWER
		STREET 2:		1 CHOME 1-9-10, ROPPONGI, MINATO CITY
		CITY:			TOKYO
		STATE:			M0
		ZIP:			106-0032
		BUSINESS PHONE:		050-1748-6333

	MAIL ADDRESS:	
		STREET 1:		29F, ARK HILLS SENGOKUYAMA MORI TOWER
		STREET 2:		1 CHOME 1-9-10, ROPPONGI, MINATO CITY
		CITY:			TOKYO
		STATE:			M0
		ZIP:			106-0032
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ea0252274-6k_ctwcayman.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Form 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">For the month of August 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Commission File Number: 001-42758</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CTW Cayman</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase">(</FONT>Exact
Name of Registrant as Specified in Its Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>29F, 1 Chome-9-10, </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARK Hills Sengokuyama Mori Tower<BR>
Roppongi, Minato City, </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Tokyo&nbsp;106-0032, Japan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Address of Principal Executive Office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form 20-F &#9746;&nbsp;&nbsp;&nbsp; Form 40-F &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 7, 2025, CTW Cayman (the &ldquo;Company&rdquo;)
closed its initial public offering (the &ldquo;IPO&rdquo;) of 2,400,000 Class A ordinary shares, par value $0.0001 per share (the &ldquo;Shares&rdquo;).
The Company completed the IPO pursuant to its registration statement on <A HREF="http://www.sec.gov/Archives/edgar/data/2047148/000121390025044061/ea0229974-05.htm">Form F-1</A> (File No. 333-287306, &ldquo;Form F-1&rdquo;), originally
filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) on May 15, 2025, as amended. The Form F-1 was declared
effective by the SEC on July 30, 2025. The Shares were priced at $5.00 per share, and the offering was conducted on a firm commitment
basis. The Shares commenced trading on The Nasdaq Capital Market (&ldquo;Nasdaq&rdquo;) on August 6, 2025, under the ticker symbol &ldquo;CTW&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the IPO, the Company issued
a press release on August 5, 2025 announcing the pricing of the IPO and a press release on August 7, 2025 announcing the closing of the
IPO, respectively. Copies of each press release are attached hereto as Exhibit 99.1 and Exhibit 99.2 and are incorporated by reference
herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This report does not constitute an offer to sell,
or the solicitation of an offer to buy, 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 the registration or qualification under the securities laws of any such state or jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Exhibit Index</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
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    <TD STYLE="border-bottom: Black 1.5pt solid; width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit No.</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="ea025227401ex99-1_ctwcayman.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Press Release&mdash;CTW Cayman Announces Pricing of Initial Public Offering</FONT></A></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="ea025227401ex99-2_ctwcayman.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Press Release&mdash;CTW Cayman Announces Closing of Initial Public Offering</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: August 7, 2025</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CTW Cayman</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ryuichi Sasaki</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ryuichi Sasaki</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">2</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea025227401ex99-1_ctwcayman.htm
<DESCRIPTION>PRESS RELEASE-CTW CAYMAN ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING
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<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="ex99-1_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CTW Cayman Announces Pricing of Initial Public
Offering</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>TOKYO, JAPAN, August 5, 2025 </B>&ndash; CTW
Cayman (&ldquo;CTW&rdquo; or &ldquo;the Company&rdquo;), a leading game platform company providing global access to web-based games through
its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations,
today announced the pricing of the initial public offering (the &ldquo;Offering&rdquo;) of 2,400,000 Class A ordinary shares at a public
offering price of $5.00 per share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to
commence trading on August 6, 2025, under the ticker symbol &ldquo;CTW&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company expects to receive aggregate gross
proceeds of $12.0 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company
has granted the underwriters a 45-day option to purchase up to an additional 360,000 Class A ordinary shares at the public offering price,
less underwriting discounts. The Offering is expected to close on or about August 7, 2025, subject to the satisfaction of customary closing
conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Proceeds from the Offering will be used primarily
to support the Company&rsquo;s global market expansion initiatives, which are expected to account for approximately 85% of the net proceeds,
with the remainder allocated to general working capital and other corporate purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Offering is being conducted on a &ldquo;firm
commitment&rdquo; basis. Kingswood Capital Partners, LLC is acting as the representative of the underwriters for the Offering. Gunderson
Dettmer Stough Villeneuve Franklin &amp; Hachigian, LLP is serving as legal counsel to the Company, and Greenberg Traurig, LLP is serving
as legal counsel to the underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A registration statement on Form F-1 relating
to the Offering has been filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) (File No. 333-287306) and was
declared effective by the SEC on July 30, 2025. The offering is being made only by means of a prospectus forming a part of the registration
statement related to the Offering. Copies of the prospectus may be obtained from Kingswood Capital Partners, LLC by standard mail to 126
E 56th Street, Suite 22S New York, NY, or by email at ttian@kingswoodus.com, or by telephone at +1-732-208-4091. In addition, a copy of
the prospectus relating to the Offering may be obtained via the SEC&rsquo;s website at www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>About CTW Cayman</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">CTW is a leading game platform company providing
global access to web-based, free-to-play games inspired by popular Japanese animations, including Queen&rsquo;s Blade, So I&rsquo;m a
Spider, So What?, and Goblin Slayer. CTW delivers these games through its globally accessible flagship HTML5 platform, G123.jp. According
to a Frost &amp; Sullivan Report, CTW was the largest anime IP-based H5 games platform in the world in 2023 in terms of gross billings.
CTW&rsquo;s primary focus is to provide a comprehensive platform that helps game developers generate revenue from underlying Japanese
anime IP by reaching a global player audience. Through its gaming platform, CTW shares revenue generated from players&rsquo; in-game purchases
worldwide with game developers. Leveraging its well-established relationships with leading Japanese animation IP holders, CTW offers premium
IP content and resources, along with ancillary support, such as distribution and marketing services, to game developers. By collaborating
with skilled game developers, CTW brings high-quality and animation-themed gaming experiences to gamers worldwide. For more information,
visit www.ctw.inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Safe Harbor Statement </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This announcement contains forward-looking statements
within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements are made under
the &ldquo;safe harbor&rdquo; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified
by terminology such as &ldquo;will,&rdquo; &ldquo;expects,&rdquo; &ldquo;anticipates,&rdquo; &ldquo;future,&rdquo; &ldquo;intends,&rdquo;
&ldquo;plans,&rdquo; &ldquo;believes,&rdquo; &ldquo;estimates,&rdquo; &ldquo;potential,&rdquo; &ldquo;continue,&rdquo; &ldquo;ongoing,&rdquo;
&ldquo;targets,&rdquo; &ldquo;guidance&rdquo; and similar statements. CTW may also make written or oral forward-looking statements in
its periodic reports to the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;), in its annual report to shareholders, in
press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements
that are not historical facts, including statements about CTW&rsquo;s beliefs and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained
in any forward-looking statement, including but not limited to the following: CTW&rsquo;s growth strategies; its future business development,
results of operations and financial condition; its ability to distribute successful and engaging games with high &ldquo;playability&rdquo;
on its platform; its ability to efficiently attract and retain end-users who come to play and make in-game purchases; its ability to achieve
positive return on investment on user acquisition efforts; its ability to establish and maintain relationships with game developers; governmental
policies and regulations relating to CTW&rsquo;s industry; and general economic and business conditions globally and in Japan and assumptions
underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included
in CTW&rsquo;s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press
release, and CTW undertakes no obligation to update any forward-looking statement, except as required under applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Contacts</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Investors:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Matt Chesler, CFA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FNK IR</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">646-809-2183</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">investor@ctw.inc</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>ea025227401ex99-2_ctwcayman.htm
<DESCRIPTION>PRESS RELEASE-CTW CAYMAN ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 99.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="ex99-2_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CTW Cayman Announces Closing of Initial Public
Offering</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>TOKYO, JAPAN, August 7, 2025 </B>&ndash; CTW
Cayman (&ldquo;CTW&rdquo; or &ldquo;the Company&rdquo;), a <FONT STYLE="font-family: Times New Roman, Times, Serif">leading game platform
company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection
of free-to-play games inspired by popular Japanese animations,</FONT> today announced the closing of its initial public offering (the
&ldquo;Offering&rdquo;) of 2,400,000 Class A ordinary shares (the &ldquo;Ordinary Shares&rdquo;) at a public offering price of $5.00
per share (the &ldquo;IPO&rdquo;). The Company received gross proceeds of $12.0 million from the Offering, before deducting underwriting
discounts and offering expenses. The Ordinary Shares commenced trading on The Nasdaq Capital Market (&ldquo;Nasdaq&rdquo;) on August
6, 2025, under the ticker symbol &ldquo;CTW&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, the Company has granted the underwriters
an option to purchase up to an additional 360,000 Ordinary Shares at the initial public offering price within 45 days from the closing
of the Offering, less underwriting discounts, to cover the over-allotment option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Offering was conducted on a firm commitment
basis. Kingswood Capital Partners, LLC, acted as the representative of the underwriters for the offering. Gunderson Dettmer Stough Villeneuve
Franklin &amp; Hachigian, LLP served as legal counsel to the Company, and Greenberg Traurig, LLP served as legal counsel to the underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A registration statement on Form F-1 (File No.333-287306)
relating to the Offering was filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) and was declared effective
by the SEC on July 30, 2025. The Offering is being made only by means of a prospectus forming part of the registration statement relating
to the Offering. Copies of the final prospectus may be obtained from Kingswood Capital Partners, LLC by standard mail to 126 E 56th Street,
Suite 22S New York, NY, or by email at ttian@kingswoodus.com, or by telephone at +1-732-208-4091. In addition, a copy of the prospectus
relating to the Offering may be obtained via the SEC&rsquo;s website at www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>About CTW Cayman</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">CTW is a leading game platform company providing
global access to web-based, free-to-play games inspired by popular Japanese animations, including Queen&rsquo;s Blade, So I&rsquo;m a
Spider, So What?, and Goblin Slayer. CTW delivers these games through its globally accessible flagship HTML5 platform, G123.jp. According
to a Frost &amp; Sullivan Report, CTW was the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings.
CTW&rsquo;s primary focus is to provide a comprehensive platform that helps game developers generate revenue from underlying Japanese
anime IP by reaching a global player audience. Through its gaming platform, CTW shares revenue generated from players&rsquo; in-game purchases
worldwide with game developers. Leveraging its well-established relationships with leading Japanese animation IP holders, CTW offers premium
IP content and resources, along with ancillary support, such as distribution and marketing services, to game developers. By collaborating
with skilled game developers, CTW brings high-quality and animation-themed gaming experiences to gamers worldwide. For more information,
visit www.ctw.inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Safe Harbor Statement </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This announcement contains forward-looking statements
within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements are made under
the &ldquo;safe harbor&rdquo; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified
by terminology such as &ldquo;will,&rdquo; &ldquo;expects,&rdquo; &ldquo;anticipates,&rdquo; &ldquo;future,&rdquo; &ldquo;intends,&rdquo;
&ldquo;plans,&rdquo; &ldquo;believes,&rdquo; &ldquo;estimates,&rdquo; &ldquo;potential,&rdquo; &ldquo;continue,&rdquo; &ldquo;ongoing,&rdquo;
&ldquo;targets,&rdquo; &ldquo;guidance&rdquo; and similar statements. CTW may also make written or oral forward-looking statements in
its periodic reports to the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;), in its annual report to shareholders, in
press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements
that are not historical facts, including statements about CTW&rsquo;s beliefs and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained
in any forward-looking statement, including but not limited to the following: CTW&rsquo;s growth strategies; its future business development,
results of operations and financial condition; its ability to distribute successful and engaging games with high &ldquo;playability&rdquo;
on its platform; its ability to efficiently attract and retain end-users who come to play and make in-game purchases; its ability to achieve
positive return on investment on user acquisition efforts; its ability to establish and maintain relationships with game developers; governmental
policies and regulations relating to CTW&rsquo;s industry; and general economic and business conditions globally and in Japan and assumptions
underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included
in CTW&rsquo;s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press
release, and CTW undertakes no obligation to update any forward-looking statement, except as required under applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Contacts</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Investors:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Matt Chesler, CFA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FNK IR</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">646-809-2183</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">investor@ctw.inc</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
