WF Holding announces $18 million registered direct offering
WFF•WF Holding agreed to sell 12 million ordinary shares or pre-funded warrants at $1.50 each, alongside 12 million warrants, in an offering expected to raise approximately $18 million before fees and expenses.
1. Offering terms
The warrants are immediately exercisable, have a $1.50 exercise price and a one-year term, and each allows the holder to acquire up to nine ordinary shares through a zero-cash exercise option. Investors also have a 30-day right after pricing to purchase up to $18 million in additional securities on the same terms. Closing is expected on or about October 15, 2026, subject to customary conditions.
