Kepuni Holdings, a Chinese manufacturer of nautical communications and electronic equipment, withdrew its plans for an initial public offering on Monday. It had first filed in August 2021, and most recently in March 2026 filed to raise $15 million by offering 2.5 million shares at a price range of $5 to $7.
The Taizhou, China-based company was founded in 2012 and booked $12 million in revenue for the 12 months ended June 30, 2025. It had planned to list on the Nasdaq under the symbol KPN. Boustead Securities was set to be the sole bookrunner on the deal.
