Global Copper Foil Leader Londian Wason Announces Pricing of Upsized Initial Public Offering
Londian Wason priced its upsized initial public offering of 4.3 million ADSs at $22.00 per share, raising roughly $94.3 million in gross proceeds. The company plans to use the estimated $87.0 million in net proceeds to fund global production expansion, facility upgrades, and R&D for advanced copper foil technologies.
Key figures
- Deal Value Usd
- 94300000
- Offering Price
- 22
- Shares Offered
- 4300000
- Fy2025 revenue
- RMB10.942 billion
- Greenshoe shares
- 642857
- Net proceeds est
- $87.0 million
- Fy2025 adj ebitda
- RMB868.851 million
- Fy2025 net income
- RMB20.315 million
- Market share 2025
- 7.6%
- Production capacity 2025
- 180,500 metric tons
AI analysis
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