NEW YORK, Aug. 11, 2026 /PRNewswire/ -- LONDIAN WASON NEW ENERGY TECH INC. ("Londian Wason" or the "Company"), leading global researcher, developer, and manufacturer of electrolytic copper foil, announced the pricing of its upsized initial public offering of approximately 4.3 million American depositary shares, or ADSs, at a public offering price of $22.00 per ADS, for a total of $94.3 million in gross proceeds. In addition, Londian Wason has granted the underwriters a 30-day option to purchase up to an additional approximately 642,857 ADSs from Londian Wason at the initial public offering price, less underwriting discounts and commissions.

All of the ADSs are being offered by Londian Wason. The net proceeds from the offering, after deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be approximately $87.0 million, excluding any exercise of the underwriters' option to purchase additional ADSs.

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