Londian Wason raises $108M after IPO overallotment

Q: How many additional ADSs of FOIL were sold in the over-allotment exercise?

The company sold an additional 626,104 ADSs pursuant to the underwriters’ partial exercise of their over-allotment option connected with Londian’s initial public offering.

Q: What are the total gross proceeds from FOIL’s IPO including the over-allotment exercise?

Total gross proceeds from Londian’s Offering are $108,059,996, which includes previously announced IPO gross proceeds of $94,285,708, all amounts stated before underwriting discounts, commissions and offering expenses.

Q: At what price were the additional Londian (FOIL) ADSs sold?

The additional 626,104 ADSs were sold at the IPO price of $22.00 per ADS as part of the partial exercise of the underwriters’ over-allotment option.

Q: Under which SEC registration statement was the FOIL Offering conducted?

The Offering was conducted under Londian’s Registration Statement on Form F-1 (File No. 333-297230), as amended, which was declared effective by the SEC on August 11, 2026.

Londian Wason New Energy Tech Inc. completed a partial over-allotment option exercise, lifting total IPO-related gross proceeds to about $108.1 million.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Londian Wason New Energy Tech Inc. (FOIL) reported the closing of a partial exercise of the underwriters’ over-allotment option connected to its initial public offering. The company sold an additional 626,104 ADSs at the IPO price of $22.00 per ADS, increasing total Offering gross proceeds to $108,059,996, including previously announced IPO gross proceeds of $94,285,708, before underwriting discounts, commissions and offering expenses.

Key Figures

Additional ADSs sold: 626,104 ADSs IPO price per ADS: $22.00 per ADS Total Offering gross proceeds: $108,059,996 +3 more

6 metrics

Additional ADSs sold 626,104 ADSs Sold pursuant to partial exercise of the underwriters’ over-allotment option

IPO price per ADS $22.00 per ADS Price for the additional ADSs sold in the over-allotment exercise

Total Offering gross proceeds $108,059,996 Aggregate IPO and over-allotment gross proceeds before fees and expenses

Previously announced IPO gross proceeds $94,285,708 Gross proceeds from the IPO before the over-allotment exercise

Registration Statement file number 333-297230 Form F-1 declared effective by the SEC on August 11, 2026

Announcement date September 10, 2026 Date of the press release announcing the over-allotment closing

Key Terms

over-allotment option, ADSs, Registration Statement on Form F-1, forward-looking statements, +1 more

5 terms

over-allotment option financial

"partial exercise of the underwriters’ over-allotment option granted in connection"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

ADSs financial

"closing of the sale of an additional 626,104 ADSs of the Company"

Registration Statement on Form F-1 regulatory

"The Offering was conducted pursuant to the Company’s Registration Statement on Form F-1"

A registration statement on Form F-1 is a legal document companies file with regulators to offer their shares to investors in a foreign country or market. It provides essential information about the company's business, finances, and risks, helping investors make informed decisions about whether to buy its stock. This process ensures transparency and protects investors by making company details publicly available before trading begins.

forward-looking statements regulatory

"This document contains statements that may constitute “forward-looking” statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Private Securities Litigation Reform Act of 1995 regulatory

"pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"

Offering Details

IPO

Offering

Offering Type IPO

Price Range $22.00 per ADS

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Londian Wason New Energy Tech Inc. (FOIL) announce in this Form 6-K?

Londian Wason New Energy Tech Inc. announced the closing of a partial exercise of the underwriters’ over-allotment option, resulting in the sale of an additional 626,104 ADSs at the IPO price of $22.00 per ADS as part of its initial public offering.

How many additional ADSs of FOIL were sold in the over-allotment exercise?

The company sold an additional 626,104 ADSs pursuant to the underwriters’ partial exercise of their over-allotment option connected with Londian’s initial public offering.

What are the total gross proceeds from FOIL’s IPO including the over-allotment exercise?

Total gross proceeds from Londian’s Offering are $108,059,996, which includes previously announced IPO gross proceeds of $94,285,708, all amounts stated before underwriting discounts, commissions and offering expenses.

At what price were the additional Londian (FOIL) ADSs sold?

The additional 626,104 ADSs were sold at the IPO price of $22.00 per ADS as part of the partial exercise of the underwriters’ over-allotment option.

Which firms served as representatives of the underwriters for FOIL’s Offering?

Cantor Fitzgerald & Co., Huatai Securities (USA), Inc., CMB International Capital Limited, and US Tiger Securities acted as the representatives of the underwriters for Londian’s Offering.

Under which SEC registration statement was the FOIL Offering conducted?

The Offering was conducted under Londian’s Registration Statement on Form F-1 (File No. 333-297230), as amended, which was declared effective by the SEC on August 11, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 09/11/2026 - 06:57 AM Accepted by SEC EDGAR 09/11/2026 - 06:56 AM

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-43429

LONDIAN WASON NEW ENERGY TECH INC.
(Exact Name of Registrant as Specified in Its Charter)

T1-7A, 1 Shenzhen Bay Plaza
No. 2233 South Keyuan Road
Nanshan District, Shenzhen
People’s Republic of China, 518054
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒

Form 40-F ☐

EXHIBIT INDEX

Exhibit No.	Description

99.1	Press Release

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LONDIAN WASON NEW ENERGY TECH INC.

Date: September 11, 2026	By:	/s/ Guanran Wang
		Name:	Mr. Guanran Wang
		Title:	Director, Chairman and Co-Chief Executive Officer

Exhibit 99.1

Londian Wason New Energy Tech Inc. Announces Closing of Partial Exercise of Underwriters’ Over-Allotment Option

SHENZHEN, September 10, 2026 – Londian Wason New Energy Tech Inc. (“Londian” or the “Company”), a leading global innovation-driven researcher, developer, and manufacturer of electrolytic copper foil, today announced the closing of the sale of an additional 626,104 ADSs of the Company, pursuant to the partial exercise of the underwriters’ over-allotment option granted in connection with the Company’s initial public offering (“IPO”, together with this over-allotment option closing, the “Offering”), at the IPO price of $22.00 per ADS. As a result, the Company has raised aggregate gross proceeds of $108,059,996, including the previously announced IPO gross proceeds of $94,285,708, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company.

Cantor Fitzgerald & Co., Huatai Securities (USA), Inc., CMB International Capital Limited and US Tiger Securities acted as the representatives of the underwriters for the Offering. Davis Polk & Wardwell LLP acted as U.S. special counsel to the Company, and Cleary Gottlieb Steen & Hamilton LLP acted as U.S. counsel to the underwriters for the Offering.

The Offering was conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-297230), as amended, which was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on August 11, 2026. For more information about the Company and the Offering, please refer to the final prospectus and other documents filed by the Company with the SEC. These documents are available free of charge on the SEC’s website at www.sec.gov.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Safe Harbor Statement

This document contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements regarding its proposed Offering, the expected use of proceeds, the Company’s beliefs, plans, expectations, objectives, goals, strategies, future business development, financial condition, results of operations, and the status, outcome, or impact of any legal proceedings or regulatory inquiries, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: risks and uncertainties related to the completion, timing, size, and use of proceeds of its proposed Offering; the Company’s strategies, future business development, and financial condition and results of operations; the Company’s limited operating history; risks associated with electrolytic copper foil; the Company’s ability to develop, manufacture, and deliver products of high quality and appeal to customers; the Company’s ability to generate positive cash flow and profits; product defects; the Company’s ability to compete successfully; the Company’s ability to build its brand and withstand negative publicity; cancellation of orders for the Company’s products; the Company’s ability to develop new products; changes in consumer demand and government incentives, subsidies, or other favorable government policies; and the risks, uncertainties, and possible adverse effects arising from legal proceedings, claims, investigations, or regulatory inquiries involving the Company. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact ir@londianwason.com

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

1 document

Press Releases

EX-99.1 EXHIBIT 99.1 8.1 KB