Texxon宣布定价950万美元首次公开募股

2025-10-22 21:11

Texxon (NASDAQ:NPT) announced on Wednesday the pricing of its initial public offering of 1.9 million ordinary shares at a public offering price of $5.00 per ordinary share.
The ordinary shares have been approved for listing on Nasdaq and are expected to commence trading on October 22, 2025, under the ticker symbol “NPT.”
The company expects to receive aggregate gross proceeds of $9.5 million from the offering, before deducting underwriting discounts and other related expenses.
In addition, the company has granted the underwriters an over-allotment option to purchase up to an additional 285,000 ordinary shares at the public offering price, less underwriting discounts.
The offering is expected to close on or about October 23, 2025.
The net proceeds from the offering will be used for construction of a factory to manufacture polystyrene and operations and the expansion of production facilities and working capital.
Source: Press Release

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