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China Longdian Huaxin New Energy Technology Co., Ltd. priced its US initial public offering at $22 per share on Tuesday, and the copper foil manufacturer raised $94.3 million as a result. The company sold approximately 4.3 million American Depositary Receipts with an issuance limit of $20 to $22 in this IPO. Longdian Huaxin's main investors include South Korea's SK Group and Future Assets. The company's stock will begin trading on Wednesday on the New York Stock Exchange under the ticker symbol “FOIL.” Cantor, Huatai Securities, BOC International, American Tiger Securities, Fortis Securities, and VC Brokerage acted as underwriters for this offering.

Zhitongcaijing·08/12/2026 04:33:03
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China Longdian Huaxin New Energy Technology Co., Ltd. priced its US initial public offering at $22 per share on Tuesday, and the copper foil manufacturer raised $94.3 million as a result. The company sold approximately 4.3 million American Depositary Receipts with an issuance limit of $20 to $22 in this IPO. Longdian Huaxin's main investors include South Korea's SK Group and Future Assets. The company's stock will begin trading on Wednesday on the New York Stock Exchange under the ticker symbol “FOIL.” Cantor, Huatai Securities, BOC International, American Tiger Securities, Fortis Securities, and VC Brokerage acted as underwriters for this offering.