Nova Minerals Corp

Nova Minerals Corp (NVA) priced its initial public offering on Jul 24, 2024 at $6.92 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $1.69B. ThinkEquity was lead-left underwriter. Sheppard Mullin advised the company and Dentons advised the underwriters.

Nova Minerals Corp is an exploration-stage company whose flagship asset is the Estelle Gold Project in Alaska. It has no operating revenues, and its group also includes Rotor X Aircraft Manufacturing, a helicopter kit maker moving into electric vertical take-off aircraft and drones.

Status

IPO

Ticker

NVA

Exchange

Nasdaq Capital Market

Priced

Jul 24, 2024

IPO price

$6.92

Market cap at IPO price

$1.69B

First filed

Apr 15, 2024

Underwriters

ThinkEquity

Company counsel

Sheppard Mullin

Underwriters' counsel

Dentons

Sector

Energy, mining & utilities

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