Asia Pacific Wire & Cable Corporation Limited Announces Key Dates for Rights Offering

Rhea-AI Summary

Asia Pacific Wire & Cable Corporation (NASDAQ: APWC) announced key dates for its previously disclosed rights offering to raise equity capital. Holders of common shares as of 5:00 p.m. EST on December 11, 2025 will receive non-transferable subscription rights at a ratio of one right per share. The subscription price is $1.66 per share. The subscription period is expected to run from December 18, 2025 at 9:00 a.m. EST through January 23, 2026 at 5:00 p.m. EST. If fully subscribed, the company expects net proceeds of approximately $33.9 million for general working capital and corporate purposes.

The offering includes basic and over-subscription rights; over-subscriptions are subject to availability and allocation. The company may cancel or terminate the offering and will file a prospectus under its effective Form F-1 registration statement.

Positive

• Expected net proceeds of approximately $33.9 million
• Subscription price set at $1.66 per common share
• Pro rata participation via one right per share (1:1 ratio)

Negative

• Over-subscription allocations are subject to availability and not guaranteed
• Company reserves right to cancel or terminate the rights offering

Key Figures

Subscription price $1.66 per common share Price for exercising rights in the offering

Expected net proceeds $33.9 million If rights offering is fully subscribed

Record date Dec 11, 2025 at 5:00 p.m. EST Shareholders of record eligible for subscription rights

Subscription start Dec 18, 2025 at 9:00 a.m. EST Expected commencement of subscription period

Subscription end Jan 23, 2026 at 5:00 p.m. EST Expiration date of rights offering

Form F-1 file date Aug 29, 2025 Initial registration statement for the rights offering

Form F-1 effectiveness Dec 2, 2025 Date registration statement was declared effective

Current price $1.905 Price prior to this news, vs 52-week range $1.36–$2.34

Market Reality Check

$1.91 Last Close

Volume Volume 5,208 is below the 20-day average of 6,806 (relative volume 0.77). low

Technical Trading above the 200-day MA of $1.73 with price at $1.905.

Peers on Argus 1 Up

Sector peers show mixed moves; only IPWR appeared in momentum scanners with a strong upside move, suggesting APWC’s action is company-specific rather than a broad sector shift.

Common Catalyst Select peers like EPOW had battery-technology news, but no common capital-raising theme with APWC’s rights offering.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01	Governance letter	Neutral	+4.1%	Open letter urging capital allocation reforms and governance focus.
Nov 14	Q3 2025 earnings	Positive	-2.1%	Q3 2025 results with revenue growth and higher operating profit.
Aug 29	Rights offering plan	Negative	-3.9%	Initial announcement of planned rights offering and capital raise.
Aug 14	Q2 2025 earnings	Positive	+13.4%	Strong Q2 2025 growth in revenue, EPS, and margins across regions.
Jul 24	AGM & reverse split	Negative	-0.3%	Announcement of AGM agenda including a reverse stock split proposal.

Pattern Detected

Recent history shows generally positive reactions to strong earnings, while prior rights offering news and some governance or meeting items have seen muted or negative moves.

Recent Company History

Over the last six months, APWC has combined operational improvement with capital markets activity. Q2 and Q3 2025 earnings highlighted revenue growth and improving profits, with Q2 driving a 13.45% gain. On Aug 29, 2025, APWC first announced plans for this rights offering, which saw a -3.89% reaction. Governance-related news around the 2025 AGM and a recent open letter produced smaller price moves. Today’s detailed rights-offering timetable builds directly on the prior offering announcement and F-1 updates.

Historical Comparison

offering

+3.9 %

Average Historical Move

Historical Analysis

This announcement advances the previously planned rights offering first detailed on Aug 29, 2025, when APWC’s stock moved -3.89%. Today’s update focuses on firm key dates and mechanics.

Typical Pattern

Progression from initial rights offering plan and F-1 filings to setting firm record and subscription dates and reiterating expected net proceeds.

Regulatory & Risk Context

Short Interest

0.02%

0% 15% 30%+

low

Short interest at 0.02% of float and days-to-cover of 1 indicate limited short-based trading pressure or squeeze risk.

Market Pulse Summary

This announcement formalizes the mechanics of APWC’s rights offering, including a $1.66 subscription price, record date on Dec 11, 2025, and an expiration on Jan 23, 2026. It builds on earlier filings that targeted net proceeds of about $33.9M for expansion and new technologies. Historically, the initial rights-offering news produced a negative price reaction, so investors may watch subscription take-up, progress on North American entry, and subsequent financial results to gauge the capital raise’s impact.

Key Terms

record date financial

"holders of common shares as of 5:00 p.m., Eastern Standard Time (“EST”), on December 11, 2025, the record date"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

prospectus regulatory

"The rights offering will be made pursuant to such registration statement and a prospectus"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

forward-looking statements regulatory

"This release contains certain “forward-looking statements” relating to the Company"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

TAIPEI, Taiwan, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (“APWC” or “Company”) (NASDAQ: APWC) today announced its record date and expected subscription period for its rights offering previously-announced on August 29, 2025.

In the rights offering, the Company will distribute, at no charge to its shareholders, non-transferable subscription rights to purchase additional common shares of the Company at the subscription price of $1.66 per common share. The subscription rights will be issued to holders of common shares as of 5:00 p.m., Eastern Standard Time (“EST”), on December 11, 2025, the record date for the rights offering, at a ratio of one subscription right per common share. The subscription period for the rights offering is expected to commence on December 18, 2025 at 9:00 am EST, and to terminate at 5:00 p.m. EST on January 23, 2026, which we refer to as the expiration date of the rights offering.

The rights offering includes (1) a basic subscription right, and (2) an over-subscription right, which will permit each rights holder that exercises its basic subscription rights in full the option to purchase additional common shares that remain unsubscribed at the expiration of the rights offering. The over-subscription right is subject to the availability and allocation of shares among holders exercising their over-subscription right.

The purpose of the rights offering is to raise equity capital in a cost-effective manner, which allows all Company shareholders the opportunity to participate on a pro rata basis. If the rights offering is fully subscribed, the Company expects to receive net proceeds of approximately $33.9 million to be used for general working capital and corporate purposes.

The Company believe that the rights offering provides an excellent and fair opportunity for all existing shareholders to participate in our plans to enter into the North American market and to invest in new products and technologies that are additive in value creation and will enhance the traditional wire and cable business. CEO C.T. Yuan and the management team believe this initial round of investment will begin our efforts to drive future growth and create long-term, sustainable shareholder value for the Company.

Other Important Information:

For more information about the rights offering, please see the prospectus included in the Company’s Registration Statement on Form F-1 (File No. 333-289970) filed with the Securities and Exchange Commission (the “SEC”) on August 29, 2025, as amended (the "registration statement") and declared effective December 2, 2025. The rights offering will be made pursuant to such registration statement and a prospectus to be filed with the SEC prior to the commencement of the subscription period.

The Company reserves the right to cancel or terminate the rights offering at any time. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Asia Pacific Wire & Cable Corporation Limited:

Asia Pacific Wire & Cable Corporation Limited is a holding company incorporated in Bermuda with principal executive offices in Taiwan that operates its business through subsidiaries primarily engaged in the manufacture and distribution of enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People’s Republic of China, Hong Kong and certain other markets in the Asia Pacific region. The Company also engages in the distribution of certain wire and cable products manufactured by its controlling shareholder, PEWC, and certain third parties. The Company also provides project engineering services in the supply, delivery and installation of power cable. The Company’s major customers include appliance component manufacturers, electrical contracting firms, state owned entities, and wire and cable dealers and factories.

Safe Harbor Statement:

This release contains certain “forward-looking statements” relating to the Company, its business, and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes”, “anticipates”, “expects”, “estimates”, “intends”, “plans” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as believed, anticipated, expected, estimated, intended or planned. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the SEC and available on its website (www.sec.gov). All forward-looking statements attributable to the Company, or to persons acting on its behalf, are expressly qualified in their entirety by these factors, other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact:

Pacific Holdings Group
2901 Dallas Parkway, Suite 360
Plano, TX 75093
Attn: Paul Weber
Phone: (469) 797-7191
Email: pweber@pusa.com

FAQ

What is the record date for APWC's rights offering?

The record date is December 11, 2025 at 5:00 p.m. EST.

When does the APWC subscription period start and end?

The subscription period is expected to start December 18, 2025 at 9:00 a.m. EST and expire January 23, 2026 at 5:00 p.m. EST.

How many subscription rights will APWC shareholders receive per share?

Shareholders will receive one subscription right per common share (1:1 ratio).

What is the APWC subscription price per share in the rights offering?

The subscription price is $1.66 per common share.

How much capital will APWC raise if the rights offering is fully subscribed?

If fully subscribed, APWC expects to receive approximately $33.9 million in net proceeds.

What happens if I want more shares than my basic subscription in APWC's offering?

Qualified holders who fully exercise basic rights may apply for over-subscription, subject to availability and allocation at expiration.