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Londian Wason New Energy Tech

FOILRecent IPO

Londian Wason New Energy Tech Inc. · NYSE · Copper foil manufacturing · Report filing 2026/08/14 · SEC checked 2026-10-07

SEC
DAILY SEC UPDATE424B4 analysed from the latest filing

Londian Wason priced an offering of 4,285,714 ADSs at US$22.00 per ADS, representing 21,428,570 ordinary shares, for expected net proceeds of approximately US$77.0 million before any overallotment.

One-minute decisionBASIC RESEARCHSource completeness · 84%

Newly listed — review valuation, deal quality and post-IPO supply before acting

Londian Wason New Energy Tech Inc. began trading on 2026-08-12 at an IPO price of $22.00; the final prospectus and offer terms are linked to SEC EDGAR.

Where does the money go?—No estimate is substituted for missing offer terms.
Ownership and votingExisting holders~95.4%* economic · Not separately disclosed voting
Next disclosed checkpointFirst post-IPO filing and lock-up scheduleMonitor closing, option exercise, earnings and resale eligibility

Capital destination

—

No estimate is substituted for missing offer terms.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
Next checkFirst post-IPO filing and lock-up scheduleMonitor closing, option exercise, earnings and resale eligibility

Capital destination

—

No estimate is substituted for missing offer terms.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
BOOKRUNNERS / LEAD UNDERWRITERSUnderwriting syndicate
CONFIRMED
  1. 1Cantor Fitzgerald & Co.52.78%2,261,999 shares
  2. 2Huatai Securities (USA), Inc.22.50%964,285 shares
  3. 3CMB International Capital Limited17.00%728,571 shares
View all 7 institutions
  1. 4Fortune (HK) Securities Limited5.10%218,571 shares
  2. 5US Tiger Securities, Inc.2.60%111,428 shares
  3. 6BOCOM International Securities Limited0.01%430 shares
  4. 7VC Brokerage Limited0.01%430 shares
The complete final-prospectus syndicate and each disclosed purchase commitment are shown below.Allocation basis: Final base underwriting commitment: 4,285,714 ADSs. Percentages are calculated from the final prospectus table and rounded to two decimals. This is underwriting commitment, not fees or post-listing ownership.Source · 424B4 ↗

Fully diluted valuation bridge

StatusReference
Awaiting verificationSource ↗

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · 424B4 ↗

Existing holders

~95.4%*

The estimate compares offered shares with the latest reported shares outstanding and is not a voting-control conclusion.

Latest available filing · 2026/08/14

Review the beneficial-ownership table and voting rights together

One disclosed holder; not a complete ownership distribution.Check the source · 424B4 ↗

Conditional lock-up timeline

Conditional lock-up timeline

Eligibility is not a sale. Release conditions, holder groups and exceptions remain separate.

Calendar dates from 2026-08-12

  1. First trading day3.571M IPO shares
Holder / event
Holder / eventTerm / dateConditions
First trading day2026-08-12 ~4.6%* · 3.571M IPO shares3.571M IPO shares
Basis and evidence
First trading day

First trading day · 3.571M IPO shares

Lock-up / shares eligible for future sale ↗

Financial quality and runway

StatusReference
Awaiting verificationSource ↗

Latest filing update

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Risk 1

Post-listing valuation may move rapidly before a stable public-market earnings record is established.

Potential impact
High
Monitor
First post-IPO filing and lock-up schedule
Document424B4✓ Verified against the SEC source · SEC source document
Filed2026/08/141 public filings identified
Research updated2026/08/14SEC EDGAR
Evidence coverage84%Final prospectus, offer price, listing date and headline financial evidence reconciled
Open filing ↗

What remains missing16% of the evidence set remains unresolved. This may affect unconfirmed pricing, valuation, dilution or supply conclusions; no missing term is estimated.

View the filing's actual first page
Londian Wason New Energy Tech Inc. 424B4 first page
424B4 first pageFirst page from SEC EDGAR