Gravitics (GVTX.US), an orbital system developer, sets IPO pricing at $14-17 per share and plans to raise $125 million.

According to Zhitong Finance APP, Gravitics Holdings, which specializes in the development of large space structures and orbital systems, announced the terms of its initial public offering (IPO) on Thursday. The company plans to issue 8.1 million shares at a price of $14 to $17 per share, raising $125 million. Gravitics intends to list on Nasdaq under the ticker symbol “GVTX”.

As part of this Nasdaq IPO transaction, Gravitics will merge with the over-the-counter (OTC) listed shell company Non-Invasive Monitoring Systems (NIMU.US). The latter had previously engaged in the development of a non-invasive whole-body periodic acceleration therapy platform but ceased operations in 2019 and has since been seeking a reverse merger partner. After the merger is completed, the surviving entity will be renamed “Gravitics Holdings”.

Gravitics was founded in 2021 and is engaged in the design, development, and commercialization of large space structures, including orbital carriers, cargo logistics spacecraft, space station modules, and related engineering and technical services. Gravitics’ main customers include government entities and the commercial space industry. The company emphasizes its fixed-price contract with related party Axiom Space, valued at $125 million, for the development and delivery of a cargo spacecraft capable of docking with Axiom's commercial space station. Data show that the company generated $400,000 in revenue in the twelve months ended March 31, 2026.