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Nano Labs Priced, Nasdaq: NA

Fabless chip designer in China focused on cryptocurrency mining.

Industry: Technology

Latest Trade: $6.05 0.00 (0.0%)

First Day Return: +4.8%

Return from IPO: -47.4%

Industry: Technology

We are a leading fabless integrated circuit, or IC, design company and product solution provider in China. We are committed to the development of high throughput computing, or HTC, chips, high performance computing, or HPC, chips, distributed computing and storage solutions, smart network interface cards, or NICs, vision computing chips and distributed rendering. We have built a comprehensive flow processing unit, or FPU, architecture which offers solution that integrates the features of both HTC and HPC. Moreover, our Cuckoo series are one of the first near-memory HTC chips available in the market with a maximum bandwidth of approximately 2.27 Tbps, as well as one of the first movers of ASIC-based Grin mining market, according to the F&S report. In June 2021, we established IPOLLO PTE. LTD., our indirect wholly-owned subsidiary in Singapore, to facilitate our business expansion in the overseas IC markets.
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IPO News for Nano Labs
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IPO Data
IPO File Date 06/10/2022
Offer Price $11.50
Price Range $11.35 - $11.51
Offer Shares (mm) 1.8
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/11/2022
Offer Price $11.50
Price Range $11.35 - $11.51
Offer Shares (mm) 1.8
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Hangzhou, China
Founded 2019
Employees 122
Website www.nano.cn