Londian Wason Sets IPO Closing for August 19, 2026

summarizeSummary

Londian Wason's prospectus supplement confirms the IPO will close on or about August 19, 2026, after resolving complaints that delayed the original closing. It also updates offering expenses to approximately $10.5 million and sets a $1.15 million cap on underwriter expense reimbursements.

check_boxKey Events · Financing and Capital Events · FOIL

• IPO Closing Date Confirmed

  The underwriters expect to deliver the ADSs against payment on or about August 19, 2026, following resolution of inquiries concerning certain complaints previously disclosed on August 17, 2026.

• Offering Terms Unchanged

  The public offering price remains $22.00 per ADS, with total proceeds before expenses of $94.3 million (or $108.4 million if the underwriters' option to purchase an additional 642,857 ADSs is fully exercised).

• Updated Offering Expenses

  Estimated offering expenses, exclusive of underwriting discounts and commissions, are approximately $10.5 million, with an underwriter expense reimbursement cap of $1.15 million.

• Prior Disclosure Context

  This supplement follows the August 17, 2026 Form 6-K that disclosed the delay in closing the IPO due to complaints, and the August 19, 2026 Form 6-K that announced the new expected closing date.

auto_awesomeAnalysis · FOIL · Manufacturing

The prospectus supplement confirms the IPO will close on or about August 19, 2026, after resolving complaints that delayed the original closing. It also updates offering expenses to approximately $10.5 million and sets a $1.15 million cap on underwriter expense reimbursements. The offering remains priced at $22.00 per ADS, raising $94.3 million before expenses (or $108.4 million if the underwriters' option is fully exercised).