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Graphex Group Priced, NYSE American: GRFX

Manufactures graphene products for lithium-ion batteries in China.

Industry: Industrials

Latest Trade: $0.21 0.00 (0.0%)

First Day Return: -12.0%

Return from IPO: -91.6%

Industry: Industrials

We are a leading manufacturer of natural spherical graphite and specialized graphite products that are used primarily in lithium-ion (“Li-ion”) batteries typically for electric vehicles and clean energy storage solutions. Graphene is a one atom thick layer of graphite, a commonly found mineral. Graphene is the thinnest and hardest known material with superior electronic and thermal conductivity and light transmission properties that enable a broad range of applications. Our graphene products operations are based in the PRC and are strategically located near the largest accessible supply source of high-quality natural graphite in the world. We currently supply approximately 30 customers in the PRC, including wholesalers, traders, and battery manufacturers. The primary customers for our graphene products include manufacturers of automotive batteries, conductive agents, refractory materials for the steel industry, and heat sink materials for precision electronics. Our Other Businesses segment includes our Landscape Architecture and Design Business and, to a lesser degree, our Catering Business.
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IPO Data
IPO File Date 03/07/2022
Offer Price $2.50
Price Range $2.00 - $3.00
Offer Shares (mm) 4.7
Deal Size ($mm) $12
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/16/2022
Offer Price $2.50
Price Range $2.00 - $3.00
Offer Shares (mm) 4.7
Deal Size ($mm) $12
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Hong Kong, China
Founded 1981
Employees at IPO 480
Website www.graphexgroup.com

Graphex Group (GRFX) Performance