Nexpu Ltd.

Nexpu Ltd. (TCJH) priced its initial public offering on Apr 19, 2023 at $4.00 per share, within its $4.00–$5.00 range, raising $11M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $43.9M. Robinson & Cole, Ogier and Jingtian & Gongcheng advised the company and Olshan Frome Wolosky and Allbright Law Offices advised the underwriters.

Nexpu Ltd. is a relatively early-stage company providing advisory, transaction and corporate consulting services to clients, with demand tied to economic conditions in China and globally.

Status

IPO

Ticker

TCJH

Exchange

Nasdaq Capital Market

Priced

Apr 19, 2023

IPO price

$4.00

Price range

$4.00–$5.00

Raised

$11M

Market cap at IPO price

$43.9M

First filed

Jan 18, 2023

Company counsel

Robinson & Cole, Ogier and Jingtian & Gongcheng

Underwriters' counsel

Olshan Frome Wolosky and Allbright Law Offices

Sector

Business services

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