Univest Securities, LLC Announces Closing of $18 Million Registered Direct Offering for its Client WF Holding Limited (NASDAQ: WFF)
Key Highlights
- ➤WF Holding (WFF) closes $18 million registered direct offering
- ➤12 million shares sold at $1.50 each to institutional investors
- ➤12 million warrants issued with $1.50 exercise price and one-year term
- ➤Investors can purchase up to an additional $18 million within 30 days
New York, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of $18 million for its client WF Holding Limited (NASDAQ: WFF) (the "Company"), a Malaysia-based manufacturer specializing in the design, production, and supply of fiberglass reinforced plastic (“FRP”) products and customized industrial solutions.
Under the terms of the securities purchase agreement, the Company has agreed to sell to certain institutional investors an aggregate of 12,000,000 ordinary shares of the Company, par value $0.00025 per share (the "Shares") (or pre-funded warrants in lieu thereof), at a purchase price of $1.50 per share in the Offering.
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