Northann Corp To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Northann Corp (NYSE:NCL) is set to start trading on the NYSE exchange under the ticker NCL on October 19. The company is offering shares at an expected price between $3.00 and $5.00 per share with an insider lock-up period of 180 days ending on April 16, 2024. Northann Corp is focused on additive manufacturing, commonly known as 3D printing, and the volume production of innovative building solutions.
October 18, 2023 | 3:00 pm
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Northann Corp's IPO is set to take place on October 19 with shares expected to be priced between $3.00 and $5.00. The company is focused on 3D printing and innovative building solutions.
The IPO of Northann Corp is a significant event for the company and its investors. The expected share price range indicates the company's valuation at the time of the IPO. The company's focus on 3D printing and innovative building solutions could attract investors interested in these sectors. However, the actual impact on the stock price will depend on the market's reception of the IPO.
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