WF International Prices Its Follow-on Public Offering Of 1,720,688 Units At $2.00 Per Unit And Expects To Raise ~$3.44M In Gross Proceeds

Author: Benzinga Newsdesk | November 05, 2025 08:12am

WF International Limited (the "Company" or "WF International") (NASDAQ:WXM), an integrated electromechanical solutions company specializing in the supply, installation, fitting-out, and maintenance of HVAC systems, floor heating systems, and water purification systems, today announced the pricing of its follow-on public offering of 1,720,688 units (the "Units") at a public offering price of $2.00 per Unit. Each Unit consists of one ordinary share, par value $0.000001 per share, and one warrant to purchase one ordinary share (the "Warrants"). The Warrants are exercisable immediately upon issuance at an exercise price equal to 100% of the public offering price, and will expire five years from the date of issuance. The ordinary shares and Warrants included in the Units are immediately separable and will be issued separately.

The Company expects to receive aggregate gross proceeds of approximately $3.44 million from the offering, before deducting placement agent fees and estimated offering expenses. The offering is being conducted on a "reasonable best efforts" basis and is expected to close on or about November 6, 2025, subject to satisfaction of customary closing conditions. There is no minimum offering amount required for this offering.

Posted In: WXM