Londian Wason ADSs on NYSE halted after delayed IPO closing disclosure
FOIL•IPO details and reason for delay
The offering covers ; trading began on a when-issued basis pending delivery at closing.
FOIL•The offering covers ; trading began on a when-issued basis pending delivery at closing.
The delay is tied to unresolved complaints and regulatory implications linked to a pre-IPO restructuring involving controlling shareholders.
NYSE imposed a trading halt in Londian Wason New Energy Tech ADSs listed on the New York Stock Exchange.
The suspension followed disclosure that the IPO closing has been delayed beyond the originally expected Aug. 17, 2026.