Texxon Holding Debuts on Nasdaq with $10.9 Million IPO
Texxon Holding Limited, a provider of supply chain management services in the plastics and chemical industries in East China, has completed its initial public offering, with ordinary shares now trading on the Nasdaq Capital Market under the ticker symbol "NPT." The underwriters exercised their over-allotment option in full, purchasing an additional 285,000 ordinary shares at a public offering price of $5.00 per share. The gross proceeds from the offering, including the over-allotment, totaled $10,925,000 before deducting underwriting discounts and related expenses.
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