Nano Labs Ltd

Nano Labs Ltd (NA) priced its initial public offering on Jul 13, 2022 at $11.50 per ADS, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $288.4M. Maxim Group was lead-left underwriter, joined by US Tiger. Wilson Sonsini, Maples and Calder and Zhong Lun advised the company and Hogan Lovells and DeHeng Law Offices advised the underwriters.

Nano Labs Ltd is a fabless integrated circuit design company and product solution provider in China. It develops high throughput and high performance computing chips, distributed computing and storage solutions, smart network interface cards and vision computing chips.

Status

IPO

Ticker

NA

Exchange

Nasdaq Global Market

Priced

Jul 13, 2022

IPO price

$11.50 per ADS

Market cap at IPO price

$288.4M

First filed

Jun 10, 2022

Underwriters

Maxim Group and US Tiger

Company counsel

Wilson Sonsini, Maples and Calder and Zhong Lun

Underwriters' counsel

Hogan Lovells and DeHeng Law Offices

Sector

Technology

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.