Jiangsu mold manufacturer Ningtai Mold (NTMJ.US) submits application to Nasdaq: IPO price set at $4 to $5, intending to raise $28 million.
Ningtai Mold submitted a $28 million U.S. IPO application on Tuesday.
Chinese custom mold and injection molding products manufacturer Ningtai Mold (NTMJ.US) submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Tuesday, planning to raise $28 million through an initial public offering (IPO). The company plans to issue 6.3 million shares at a price range of $4 to $5 per share. At the mid-point of the price range, Ningtai Mold's market value will reach $123 million.
Ningtai Mold focuses on the design, manufacturing, and sales of custom molds and injection molding products. Its customers mainly include manufacturers of consumer electronics, household appliances, automotive manufacturers, and die-casting manufacturers.
Founded in Taizhou, Jiangsu in 2012, the company had revenue of $19 million in the 12 months ending on December 31, 2025. The company plans to list on the Nasdaq under the ticker symbol NTMJ. Ningtai Mold submitted its IPO application secretly on November 12, 2025. Kingswood Capital Markets is the sole underwriter for this IPO.
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