Sections

    1. Investment Snapshot

    2. Price Chart

    3. Valuation & Price Target

    4. Business & Product Moat

    5. Market & Macro

    Discussion


Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

Texxon Holding Ltd

Investment Snapshot

Symbol

NPT

IPO Date (Actual)

2025-10-22

Offer Range

$5.00

Shares Offered

1.9M

Total Shares Post-IPO

23.8M

Market Cap

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

Price Chart

Historic Price Chart - NPT
Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Wholesale-Chemicals & Allied Products

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
-35.5%
win 50% · n=4
Median first month
+8.2%
win 75% · n=4
CompanyIPO DateOpen → CurrentFirst Month

APC

ARKO Petroleum Corp.
2026-02-12+17.7%+5.0%

AGCC

Agencia Comercial Spirits Ltd.
2025-10-22+344.4%+50.2%

DLXY

Delixy Holdings Ltd
2025-07-09-88.7%+11.4%

TLIH

Ten-League International Holdings Ltd
2025-07-08-91.1%-79.2%

Discussion