WF Holding Announces $18 Million Registered Direct Offering
Bitget2026/10/14 19:15- WF Holding entered an agreement with institutional investors for a registered direct offering expected to raise approximately $18 million before fees and expenses.
- The offering covers 12,000,000 ordinary shares, or pre-funded warrants in lieu thereof, at $1.50 per share.
- Investors will also receive 12,000,000 immediately exercisable warrants with a $1.50 exercise price and a one-year term.
- Each warrant permits acquisition of up to 9 ordinary shares through a zero-cash exercise option.
- Investors have a 30-day right following pricing to purchase up to $18 million of additional securities on the same terms.
- Closing is expected on or about October 15, 2026, subject to customary conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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