Texxon Holding Ltd

NPT

Market cap $131M

Shanghai, China, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Texxon Holding Limited (Nasdaq: NPT) (the “Company” or “Texxon”), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced that the underwriters of its initial public offering ("Offering") have exercised in full their option to purchase an additional 285,000 ordinary shares at a public offering price of $5.00 per share to cover over-allotments. Gross proceeds of the Company's initial public offering, including the exercise of the over-allotment, totaled $10,925,000, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on the Nasdaq Capital Market on October 22, 2025 under the ticker symbol “NPT.”

Five small IPOs debuted and four SPACs listed this week as the government shutdown continues to complicate listings. Two sizable IPOs are scheduled for the week ahead, both of which launched after the government shutdown began. Street research is expected for six companies in the week ahead, and two lock-up periods will be expiring.

Shanghai, China, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Texxon Holding Limited (Nasdaq: NPT) (the “Company” or “Texxon”), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced the closing of its initial public offering (the “Offering”) of 1,900,000 ordinary shares at a public offering price of US$5.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on October 22, 2025 under the ticker symbol “NPT.”