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Nature Wood Group Priced, Nasdaq: NWGL

Macau-based forestry company with operations in Peru.

Industry: Materials

Latest Trade: $9.56 0.00 (0.0%)

First Day Return: +6.7%

Return from IPO: +6.2%

Industry: Materials

We are a global leading vertically-integrated forestry company headquartered in Macau that focuses on FSC business operations. Our operations cover both up-stream forest management and harvesting, and down-stream wood-processing and distribution. We offer a broad line of products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal and essential oils, primarily through our sales network in Europe, South Asia, South America, North America and China. According to the Frost & Sullivan Report, we are (i) the second largest wood products export supplier; (ii) the second largest wood products export supplier certified by the FSC; and (iii) the largest decking product supplier, in Peru in terms of export value in 2021. We are also the largest oak export supplier and the second largest hardwood export supplier, in France in terms of export volume in 2021. Our Group owns concession rights of forests in Peru which covered an area of approximately 615,333 hectares as of March 17, 2023. As of March 17, 2023, approximately 13.67% and 1.66% of our Forests are covered by Cumaru and Estoraque, respectively. Cumaru and Estoraque are valuable hardwood timber which produce strong and durable wood that are well suited for high value markets.
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IPO Data
IPO File Date 04/25/2023
Offer Price $9.00
Price Range $9.00 - $11.00
Offer Shares (mm) 0.8
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/11/2023
Offer Price $9.00
Price Range $9.00 - $11.00
Offer Shares (mm) 0.8
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Prime Number Capital
Company Data
Headquarters Macau, China
Founded 2011
Employees 318
Website www.nature-wood.com

Nature Wood Group (NWGL) Performance