Texxon Holding Ltd

Texxon Holding Ltd (NPT) priced its initial public offering on Oct 22, 2025 at $5.00 per share, raising $9.5M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $110.9M. D. Boral Capital was lead-left underwriter. Ellenoff Grossman & Schole, Mourant and Jingtian & Gongcheng advised the company and CFN Lawyers and Jiangsu JunJin Law Firm advised the underwriters.

Texxon Holding Ltd is a Cayman Islands holding company whose PRC subsidiary, Net Plastic Technology, has operated since 2011 in East China. It provides supply chain management services, including procurement, shipping, logistics, payments and fulfillment, to small and medium-sized customers in the plastics and chemical industries.

Status

IPO

Ticker

NPT

Exchange

Nasdaq Capital Market

Priced

Oct 22, 2025

IPO price

$5.00

Raised

$9.5M

Market cap at IPO price

$110.9M

First filed

Aug 14, 2024

Underwriters

D. Boral Capital

Company counsel

Ellenoff Grossman & Schole, Mourant and Jingtian & Gongcheng

Underwriters' counsel

CFN Lawyers and Jiangsu JunJin Law Firm

Sector

Consumer

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