Chinese nylon products manufacturer Jiamexin Materials (CNMT.US) withdraws $6 million US stock IPO plan.
Chinese custom nylon filament manufacturer Camerry New Material Tech has withdrawn its initial public offering (IPO) plan.
Chinese custom nylon filament manufacturer Camerry New Material Tech has withdrawn its initial public offering (IPO) plan. The company initially filed for listing in June 2025, with a planned fundraising scale of $6 million.
The company, based in Fuzhou, China, was founded in 1999. For the 12 months ending March 31, 2025, the company had a revenue of $17 million. The company had originally planned to list on Nasdaq under the stock symbol CNMT, with Guotai Securities slated to be the exclusive bookrunner for the transaction.
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