Asia Pacific Wire & Cable Corporation Limited Announces Results of the Rights Offering

Asia Pacific Wire & Cable Corporation (NASDAQ: APWC) completed its rights offering subscription period from Dec 18, 2025 to Jan 23, 2026.

Rhea-AI Summary

Asia Pacific Wire & Cable Corporation (NASDAQ: APWC) completed its rights offering subscription period from Dec 18, 2025 to Jan 23, 2026. Shareholders exercised rights to subscribe for 18,165,738 of 20,616,227 offered Rights Shares (≈88.11%) for gross proceeds of approximately $30.2 million.

The remaining 2,450,489 Rights Shares (≈11.89%) will be offered in a Remainder Offering through Feb 20, 2026 at no less than the subscription price. Proceeds are earmarked for capacity expansion in North America and Southeast Asia and for acquiring products and technologies to support growth.

Positive

• Gross proceeds of approximately $30.2 million
• 88.11% of Rights Shares subscribed during the Subscription Period
• Proceeds designated for manufacturing capacity expansion in North America and Southeast Asia

Negative

• Remainder of 2,450,489 Rights Shares (≈11.89%) remained unsubscribed
• Company reserves the right to cancel or terminate the Remainder Offering at any time

Argus Jan 28 session

+0.59% close to close Open Argus

Details

News Market Reaction – APWC

On Jan 28, the day this news came out, APWC closed 0.59% above the previous close.

Data tracked by StockTitan Argus for the Jan 28 session.

Market Context

This announcement confirms substantial completion of APWC’s Rights Offering, with about 88.11% of th...

Analysis

This announcement confirms substantial completion of APWC’s Rights Offering, with about 88.11% of the 20,616,227 Rights Shares subscribed and gross proceeds near $30.2 million. The remaining 2,450,489 Remainder Shares are being marketed separately. Historically, similar offering updates produced modest price reactions, while the capital has been earmarked for capacity expansion and technology acquisitions. Investors may watch execution of these projects and progress in placing the remaining shares.

Key Figures

Rights Shares offered: 20,616,227 shares Rights exercised: 18,165,738 rights Take-up of offering: 88.11% +5 more

Rights Shares offered

20,616,227 shares

Total Common Shares in the Rights Offering

Rights exercised

18,165,738 rights

Subscriptions received during the Subscription Period

Take-up of offering

88.11%

Percentage of offered Rights Shares subscribed

Gross proceeds

$30.2 million

Proceeds from exercised Rights during Subscription Period

Remainder Shares

2,450,489 shares

Unsubscribed or failed subscriptions from Rights Offering

Remainder portion

11.89%

Percentage of offered Rights Shares not subscribed

Subscription period dates

Dec 18, 2025 – Jan 23, 2026

Rights Offering Subscription Period window

Remainder Offering end

Feb 20, 2026

Scheduled close of Remainder Offering

Previous Offering Reports

3 past events · Latest: Dec 18

Same Type 3 events

1. Dec 18

   Rights offering start

   24h Move

   -0.6%

   Announced commencement of rights offering with set subscription terms and pricing.

2. Dec 04

   Offering key dates

   24h Move

   -1.1%

   Detailed record date, subscription period and mechanics for upcoming rights offering.

3. Aug 29

   Offering plans filed

   24h Move

   -3.9%

   Filed registration for proposed rights offering to raise equity capital at fixed price.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

rights offering, over-subscription rights, prospectus, subscription period, +1 more

5 terms

rights offering financial

"as described in the rights offering prospectus filed December 18, 2025"

A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.

View in glossary

over-subscription rights financial

"shareholders to exercise basic and over-subscription rights (the “Rights”)"

Over-subscription rights let current investors ask for extra shares beyond the amount they were initially offered in a company share sale, with the extras only issued if other buyers don’t take them. Think of it like reserving the option to buy extra tickets for a sold-out show if other people return theirs; for investors this can increase ownership at the same price and prevent dilution of their stake, or allow a greater share of a popular issue.

prospectus regulatory

"as described in the rights offering prospectus filed December 18, 2025"

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.

subscription period financial

"During the Subscription Period, which started December 18, 2025 and ended January 23, 2026"

A subscription period is the set number of days when investors can sign up to buy newly offered securities, such as shares or bonds, at a specified price. Think of it like a limited-time sale window: if you want to join the offering you must commit during that window, and the number of applicants can affect how many units each investor receives and the final price outcome. For investors, it matters because timing, demand and allocation during this period directly influence potential ownership stake and short-term position value.

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. How Rhea-AI works. Not financial advice.

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TAIPEI, Taiwan, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (“APWC” or “Company”) (NASDAQ: APWC) today announced the conclusion of the subscription period (the “Subscription Period”) for APWC’s shareholders to exercise basic and over-subscription rights (the “Rights”) for the issuance of 20,616,227 Common Shares (the “Rights Shares”) as described in the rights offering prospectus filed December 18, 2025 with the U.S. Securities and Exchange Commission (the “Rights Offering”).

During the Subscription Period, which started December 18, 2025 and ended January 23, 2026, a total of 18,165,738 Rights for the subscription of 20,616,227 Rights Shares were exercised, representing approximately 88.11% of the offered Rights Shares for gross proceeds of approximately $30.2 million.

The remaining 2,450,489 Rights Shares which were not subscribed for, or for which subscription failed during the Subscription Period (the “Remainder Shares”), representing approximately 11.89% of the offered Rights Shares, will be offered by APWC for sale to eligible investors at a price no less than the Rights Offering’s subscription price, in accordance with applicable securities laws (the Remainder Shares and together with the Rights Offering, the “Remainder Offering”).

The Remainder Offering will commence immediately and continue until the close of business on February 20, 2026. The Remainder Offering will not delay issuance of the Rights Shares subscribed for during the Subscription Period.

The successful and swift completion of the Rights Offering marks an important first step in APWC’s growth strategies. The proceeds will provide fundings for APWC’s expansion of manufacturing capacity in North America and Southeast Asia and for the acquisition of key products and technologies to drive long-term growth. These strategies are aimed at leveraging recently signed trade deals between the US and Asia-Pacific trading partners that incentivize the rebuilding of a resilient supply chain and manufacturing sector in the United States. We expect accelerated demand in advanced electronics, components, and energy infrastructure, all of which APWC has decades of know-how and working relationships with its business partners. APWC is well positioned to secure new orders, deepen customer relationships, and scale up operations as the global supply chain pivots, providing a long and visible runway for sustainable growth.

Other Important Information:

The Company reserves the right to cancel or terminate the Remainder 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were the results of APWC's rights offering that closed January 23, 2026?

APWC received subscriptions for 18,165,738 of 20,616,227 Rights Shares, about 88.11% subscribed. According to the company, this produced gross proceeds of approximately $30.2 million and triggered a Remainder Offering for the unsold shares.

How many Rights Shares did APWC offer and how many remain unclaimed after the subscription period?

APWC offered 20,616,227 Rights Shares and 2,450,489 remain unclaimed, roughly 11.89% of the total. According to the company, those Remainder Shares will be sold to eligible investors through Feb 20, 2026.

What will APWC use the approximately $30.2 million proceeds for (APWC)?

APWC will use the proceeds to expand manufacturing capacity and acquire key products and technologies. According to the company, funds are targeted at North America and Southeast Asia to support long-term growth and supply-chain positioning.

When does the APWC Remainder Offering end and at what price will remaining shares be sold?

The Remainder Offering runs immediately and continues until close of business on Feb 20, 2026. According to the company, Remainder Shares will be offered at a price no less than the Rights Offering subscription price.

Will APWC still issue the Rights Shares subscribed during the Subscription Period?

Yes. APWC will not delay issuance of Rights Shares that were subscribed during the Subscription Period. According to the company, only the unsold Remainder Shares remain subject to the subsequent Remainder Offering.