Texxon Holding Limited Completes Initial Public Offering

Texxon Holding Limited, a leading provider of supply chain management services in the plastics and chemical industries in East China, announced the closing of its Initial Public Offering (IPO) on October 23, 2025. The company issued 1,900,000 ordinary shares at a public offering price of US$5.00 per share, raising approximately $11,000,000 in gross proceeds. The shares began trading on the Nasdaq Capital Market on October 22, 2025, under the ticker symbol "NPT."

Key Takeaways:

• Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China, with a technology-enabled platform that provides a full spectrum of services to Chinese SME customers.
• The company's IPO was conducted on a firm commitment basis, with D. Boral Capital LLC acting as the Sole Bookrunner.
• The offering was made only by means of a prospectus, which can be obtained from D. Boral Capital LLC or via the SEC's website at www.sec.gov.
• The net proceeds from the IPO will be used to construct a factory to manufacture polystyrene, update the supply chain management platform, and work for working capital.
• D. Boral Capital LLC is a premier, relationship-driven global investment bank that has successfully aggregated approximately $35 billion in capital since its inception in 2020.

Statistics:

• 1,900,000 ordinary shares were issued in the IPO.
• The public offering price was US$5.00 per share.
• Gross proceeds from the IPO totaled approximately $11,000,000.
• The net proceeds from the IPO will be used to construct a factory to manufacture polystyrene, update the supply chain management platform, and work for working capital.

Sources:

• Texxon Holding Limited's IPO prospectus (File Number: 333-281530, declared effective by the SEC on September 30, 2025).
• D. Boral Capital LLC's website: www.dboralcapital.com.
• Texxon Holding Limited's website: ir.npt-cn.com.