Financing ·
WF Holding raises $18M via registered direct offering of units at $1.50 each
WFFWF Holding Ltd
WF Holding Limited closed a registered direct offering on October 15, 2026, selling 12 million units to institutional investors for gross proceeds of approximately $18 million. Each unit consists of one ordinary share or pre-funded warrant and one warrant exercisable at $1.50 per share until October 14, 2027. Warrants include a zero-price exercise feature allowing holders to receive nine shares without payment. The company intends to use the net proceeds for working capital and general corporate purposes. WF Holding Limited is an ISO 9001:2015 certified manufacturer of fiberglass reinforced plastic products including tanks, pipes, ducts, and custom-made FRP products based in Malaysia.