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Northann Priced, NYSE American: NCL

Makes and sells 3D printed vinyl flooring products.

Industry: Consumer Discretionary

Latest Trade: $0.26 0.00 (0.0%)

First Day Return: -8.0%

Return from IPO: -94.8%

Industry: Consumer Discretionary

We bring additive manufacturing, commonly known as 3D printing, and the volume production of innovative building solutions, to your home or business. Our robust portfolio of manufacturing solutions relies upon the use of ink, coating, resin, sound padding, glue and other raw materials to create a wide variety of flooring, decking and other products for customers throughout North America, Europe and other regions under the brand name “Benchwick.” We believe that additive manufacturing is one of the most exciting and eco-friendly technologies in the market today. Previously, the U.S. Department of Energy estimated that, compared to traditional manufacturing, additive manufacturing might slash waste and materials cost by nearly 90% and cut manufacturing energy use by half. As of 2019, the Additive Manufacturing industry was valued at over $14 billion and was expected to grow to $23 billion this year. Our revenue mainly consists of wholesale and retail of the vinyl flooring products, which are primarily marketed and sold in the United States and Canada. During the fiscal year ended December 31, 2022, 2021 and 2020, 99.5%, 100% and 99.92% of our revenue came from vinyl flooring products and other decorative panels. During the three months ended March 31, 2023, 100% of our revenue came from vinyl flooring products and other decorative panels
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IPO Data
IPO File Date 07/14/2023
Offer Price $5.00
Price Range $3.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/18/2023
Offer Price $5.00
Price Range $3.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
Prime Number Capital
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Company Data
Headquarters Elk Grove, CA, United States
Founded 2013
Employees at IPO 71
Website www.northann.com

Northann (NCL) Performance