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Londian Wason closes over-allotment option, raising $108M in IPO

Tue, 15 Sep 2026 19:52:56 -0400

Londian Wason New Energy Tech Inc. (NYSE: FOIL), a Chinese manufacturer of electrolytic copper foil, has closed the sale of an additional 626,104 American Depositary Shares (ADSs) following a partial exercise of the underwriters' over-allotment option tied to its initial public offering.

The additional shares were sold at the IPO price of $22.00 per ADS. Combined with previously announced IPO gross proceeds of $94,285,708, the company raised total aggregate gross proceeds of $108,059,996 before deducting underwriting discounts, commissions, and offering expenses.

Cantor Fitzgerald & Co., Huatai Securities (USA), Inc., CMB International Capital Limited, and US Tiger Securities served as representatives of the

Londian Wason (NYSE:FOIL) Closes Partial Over-Allotment Option Exercise, Raising Over USD108 Million in Total IPO Proceeds

Mon, 14 Sep 2026 03:06:00 -0400

NEW YORK, Sept 14, 2026 - (JCN Newswire) - - Londian Wason New Energy Tech Inc. (NYSE: FOIL), a global innovation-driven developer and manufacturer of electrolytic copper foil, recently announced the closing of the sale of an additional 626,104 American Depositary Shares (ADSs) pursuant to the partial exercise of the underwriters' over-allotment option granted in connection with its initial public offering (IPO).

The option was exercised at the IPO price of USD22.00 per ADS. Including the previously announced IPO gross proceeds of USD94,285,708, the company raised aggregate gross proceeds of USD108,059,996 prior to deducting underwriting discounts, commissions, and offering

Form 6-K Londian Wason New Energy For: Sep 11

Fri, 11 Sep 2026 06:57:00 -0400

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Form SCHEDULE 13G Londian Wason New Energy Filed by: SK INC.

Thu, 10 Sep 2026 06:07:00 -0400

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Cantor Fitzgerald Starts Londian Wason New Energy Tech (FOIL) at Overweight

Tue, 08 Sep 2026 06:09:06 -0400

Cantor Fitzgerald analyst Derek Soderberg initiates coverage on Londian Wason New Energy Tech (NYSE: FOIL) with a Overweight rating and a price target of $31.00.

For an analyst ratings summary and ratings history on Londian Wason New Energy Tech click here. For more ratings news on Londian Wason New Energy Tech click here.

Shares of Londian Wason New Energy Tech closed at $22.59 yesterday.

Form 6-K Londian Wason New Energy For: Aug 19

Wed, 19 Aug 2026 14:06:00 -0400

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Form 424B3 Londian Wason New Energy

Wed, 19 Aug 2026 13:00:00 -0400

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Form 6-K Londian Wason New Energy For: Aug 19

Wed, 19 Aug 2026 11:38:00 -0400

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Form 6-K Londian Wason New Energy For: Aug 17

Mon, 17 Aug 2026 10:13:00 -0400

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Form 424B4 Londian Wason New Energy

Fri, 14 Aug 2026 11:12:00 -0400

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Global Copper Foil Leader Londian Wason Officially Lists on the New York Stock Exchange Today