Research analysts covering Texxon Holding.
Recent press releases and 8-K filings for NPT.
Texxon Holding Limited Announces Fiscal Year 2025 Financial Results
NPT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Texxon Holding Limited reported a revenue increase of 18.5% to $797.15 million for fiscal year 2025, primarily driven by an 88.5% surge in plastic-particle sales.
- The company recorded a net loss of $1.45 million for fiscal year 2025, compared to a net income of $2.51 million in fiscal year 2024, resulting in basic and diluted losses per share of $0.05.
- Gross profit margin decreased to 0.6% in fiscal year 2025 from 0.7% in fiscal year 2024, as the company prioritized business scale and long-term customer relationships over short-term margin gains.
- Net cash provided by operating activities significantly improved to $2.32 million for fiscal year 2025, compared to net cash used of $30.80 million in fiscal year 2024.
- Texxon completed its initial public offering (IPO) on October 23, 2025, raising $10.925 million in gross proceeds, with its shares beginning to trade on Nasdaq under the ticker "NPT" on October 22, 2025.
Nov 18, 2025, 9:30 PM
Texxon Holding Ltd Announces Full Exercise of Underwriters' Over-Allotment Option
NPT
- 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.
- This exercise generated $1,425,000 in gross proceeds, bringing the total gross proceeds from the initial public offering (IPO) to $10,925,000.
- The company's ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "NPT" on October 22, 2025.
Oct 28, 2025, 8:39 PM
Texxon Holding Limited Announces Pricing and Closing of Initial Public Offering
NPT
New Projects/Investments
- 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.
- The IPO closed on October 23, 2025, generating aggregate gross proceeds of US$9.5 million.
- The company's ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "NPT" on October 22, 2025.
- 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.
- The company granted the underwriters an over-allotment option to purchase up to an additional 285,000 ordinary shares.
Oct 24, 2025, 8:53 PM
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