The Zhitong Finance App learned that Gravitics Holdings (GVTX.US), which focuses on the development of large-scale spatial structures and orbital systems, submitted prospectus documents to the US Securities and Exchange Commission (SEC) on Monday (July 20) and plans to raise up to 125 million US dollars through an initial public offering (IPO).
The company is mainly engaged in the design, development and commercialization of large-scale space structures. Its products cover orbital carriers, cargo logistics spacecraft and space station segments, for government and commercial customers. Its flagship commercial contract was a $125 million fixed-price agreement with Axiom Space.
The listing was achieved through a merger with Shell Non-Incurable Monitoring Systems using reverse mergers and acquisitions. The latter was previously engaged in the development of a non-invasive systemic cyclic accelerated treatment platform. It ceased operations in 2019, and has been seeking reverse merger and acquisition partners ever since. Currently, Non-Precise Monitoring Systems is listed on the OTC Pink market under the trading code “NIMU” and has a market capitalization of about 12 million US dollars. After the merger is completed, the surviving entity will change its name to “Gravitics Holdings” and apply for listing on the NASDAQ exchange.
Gravitics Holdings was founded in 2021 and is headquartered in Miami, Florida. The company plans to be listed on NASDAQ under the stock code “GVTX” and previously submitted a confidential application on April 21, 2026. The sole bookkeeper (lead underwriter) for this offering is Lucid Capital Markets.