Camerry New Material Tech, a Chinese manufacturer of customized nylon filament products, withdrew its plans for an initial public offering on Tuesday. It originally filed in June 2025 with a proposed deal size of $6 million.
The Fuzhou, China-based company was founded in 1999 and booked $17 million in revenue for the 12 months ended March 31, 2025. It had planned to list on the Nasdaq under the symbol CNMT. Cathay Securities was set to be the sole bookrunner on the deal.
