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

JCN Newswire | Sep 14, 2026 4:06 AM EDT

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).

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