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WF Holding Limited Announces Partial Exercise of Over-Allotment Option

Story Highlights
  • WF Holding Limited’s underwriters partially exercised their over-allotment option.
  • The exercise resulted in additional gross proceeds of $960,000, increasing total proceeds to $8.96 million.
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WF Holding Limited ( (WFF) ) has provided an announcement.

On May 7, 2025, WF Holding Limited announced that the underwriters of its initial public offering partially exercised their over-allotment option, purchasing an additional 240,000 ordinary shares at $4.00 per share, resulting in gross proceeds of $960,000. This increased the total shares sold to 2,240,000, with total gross proceeds of approximately $8.96 million. The shares began trading on the Nasdaq Capital Market on March 27, 2025, under the ticker symbol ‘WFF’. This development strengthens WF Holding’s financial position and visibility in the market, potentially enhancing its industry standing and offering new opportunities for stakeholders.

More about WF Holding Limited

WF Holding Limited, based in Malaysia, is an ISO 9001:2015 certified manufacturer specializing in fiberglass reinforced plastic (FRP) products such as tanks, pipes, ducts, and custom-made items. With over 30 years of experience, the company focuses on delivering high-quality, durable products and services including consultation, delivery, installation, repair, and maintenance, catering to the specific needs of its clients.

Average Trading Volume: 179,392

Learn more about WFF stock on TipRanks’ Stock Analysis page.

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