- Texxon Holding Limited announced that underwriters fully exercised their over-allotment option on **October 28, 2025**, purchasing an additional **285,000 ordinary shares** at **$5.00 per share**.  **[2014337_0001213900-25-103133_ea0262835-6k_texxon.htm:0]** **[2014337_0001213900-25-103133_ea026283501ex99-1_texxon.htm:0]** 
- This exercise generated **$1,425,000** in gross proceeds, bringing the total gross proceeds from the initial public offering (IPO) to **$10,925,000**.  **[2014337_0001213900-25-103133_ea0262835-6k_texxon.htm:0]** **[2014337_0001213900-25-103133_ea026283501ex99-1_texxon.htm:0]** 
- The company's ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol **"NPT"** on **October 22, 2025**.  **[2014337_0001213900-25-103133_ea026283501ex99-1_texxon.htm:0]**

Texxon Holding Ltd Announces Full Exercise of Underwriters' Over-Allotment Option

- Texxon Holding Limited announced the pricing of its initial public offering (IPO) of **1,900,000 ordinary shares** at a public offering price of **US$5.00 per ordinary share** on October 22, 2025.  **[2014337_0001213900-25-102232_ea026237101ex99-1_texxon.htm:0]** 
- The IPO closed on October 23, 2025, generating aggregate gross proceeds of **US$9.5 million**.  **[2014337_0001213900-25-102232_ea026237101ex99-2_texxon.htm:0]** 
- The company's ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol **"NPT"** on October 22, 2025.  **[2014337_0001213900-25-102232_ea026237101ex99-2_texxon.htm:0]** **[2014337_0001213900-25-102232_ea026237101ex99-1_texxon.htm:0]** 
- Net proceeds from the offering will be used for the **construction and expansion of a polystyrene factory** in Henan Province, China, updating its supply chain management platform, and working capital.  **[2014337_0001213900-25-102232_ea026237101ex99-2_texxon.htm:0]** **[2014337_0001213900-25-102232_ea026237101ex99-1_texxon.htm:0]** 
- The company granted the underwriters an over-allotment option to purchase up to an additional **285,000 ordinary shares**.  **[2014337_0001213900-25-102232_ea026237101ex99-2_texxon.htm:0]** **[2014337_0001213900-25-102232_ea026237101ex99-1_texxon.htm:0]**

Texxon Holding (NPT)