WF Holding Limited Announces $18 Million Registered Direct Offering
Key Highlights
- ➤WF Holding agreed to sell 12 million shares at $1.50 each.
- ➤Offering includes 12 million immediately exercisable, one-year warrants at $1.50.
- ➤Gross proceeds expected at approximately $18 million before offering expenses.
- ➤Investors can purchase an additional $18 million of securities within 30 days.
- ➤Each warrant includes a zero-cash exercise option for up to nine ordinary shares.
KUALA LUMPUR, Oct. 14, 2026 (GLOBE NEWSWIRE) -- WF Holding Limited (NASDAQ: WFF) (the “Company”), today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of 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 a registered direct offering.
The Company also agreed to issue to the same investors 12,000,000 warrants (the "Warrants") with an exercise price of $1.50 per share. The Warrants will be immediately exercisable upon issuance and have a 1-year term from the date of issuance. Each warrant has a zero cash exercise option permitting the holder to acquire up to 9 ordinary shares.
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