Multi Ways Holdings Announces Closing of Second Tranche of $1.485 Million Registered Direct Offering
Multi Ways Holdings (NYSE American: MWG), a Singapore-based heavy construction equipment supplier, has completed the second tranche of its registered direct offering. The company raised $1.485 million through the sale of 9 million ordinary shares at $0.165 per share, with accompanying warrants.
Each warrant allows the purchase of one ordinary share at $0.198 and is exercisable for five years. The offering was conducted through Spartan Capital Securities as the exclusive placement agent, with proceeds intended for working capital and general corporate purposes.
Multi Ways Holdings (NYSE American: MWG), fornitore di attrezzature pesanti per la costruzione con sede a Singapore, ha completato la seconda tranche della sua offerta diretta registrata. L'azienda ha raccolto 1,485 milioni di dollari mediante la vendita di 9 milioni di azioni ordinarie a 0,165 USD per azione, accompagnate da warrant.
Ogni warrant consente l'acquisto di una azione ordinaria a 0,198 USD ed è esercitabile per cinque anni. L'offerta è stata realizzata tramite Spartan Capital Securities come agente di collocamento esclusivo, con i proventi destinati a capitale circolante e scopi aziendali generali.
Multi Ways Holdings (NYSE American: MWG), un proveedor de equipos pesados para la construcción con sede en Singapur, ha completado la segunda tranche de su oferta directa registrada. La compañía ha recaudado 1,485 millones de dólares mediante la venta de 9 millones de acciones ordinarias a 0,165 USD por acción, con warrants adjuntos.
Cada warrant permite la compra de una acción ordinaria a 0,198 USD y es exercible por cinco años. La oferta fue realizada a través de Spartan Capital Securities como agente de colocación exclusivo, y los fondos se destinarán a capital de trabajo y fines corporativos generales.
Multi Ways Holdings (NYSE American: MWG), 싱가포르에 본사를 둔 중장비 공급업체는 등록 직거래 공모의 두 번째 트랜치를 완료했습니다. 회사는 145만 달러를 900만 주의 보통주를 주당 0.165달러에 판매하여 조달했습니다. 함께 발행된 워런트도 포함됩니다.
각 워런트는 주당 0.198달러에 보통주를 매수할 수 있으며 만료 기간은 5년입니다. 본 공모는 단독 배정 대리인으로 Spartan Capital Securities를 통해 진행되었으며, 조달금은 운전자본 및 일반 기업용으로 활용될 예정입니다.
Multi Ways Holdings (NYSE American: MWG), fournisseur d'équipements lourds pour la construction basé à Singapour, a terminé la deuxième tranche de son offre directe enregistrée. La société a levé 1,485 million de dollars en vendant 9 millions d'actions ordinaires au prix de 0,165 USD par action, avec des warrants accompagnants.
Chaque warrant permet l'achat d'une action ordinaire à 0,198 USD et est exerçable pendant cinq ans. L'offre a été menée par Spartan Capital Securities en tant qu'agent de placement exclusif, les fonds étant destinés au fonds de roulement et à des fins générales d'entreprise.
Multi Ways Holdings (NYSE American: MWG), ein in Singapur ansässiger Anbieter schwerer Baumaschinen, hat die zweite Tranche seines registrierten Direct-Offers abgeschlossen. Das Unternehmen hat 1,485 Millionen USD durch den Verkauf von 9 Millionen Stammaktien zum Preis von 0,165 USD je Aktie einschließlich dazugehöriger Warrants eingeworben.
Jeder Warrant berechtigt zum Kauf einer Stammaktie zu 0,198 USD und ist fünf Jahre lang ausübbar. Das Angebot wurde durch Spartan Capital Securities als exklusiver Platzierungsagent durchgeführt, die Erlöse sollen für Betriebskapital und allgemeine Unternehmenszwecke verwendet werden.
Multi Ways Holdings (NYSE American: MWG)، مورد توريدات معدات إنشائية ثقيلة مقره سنغافورة، أكملت الجولة الثانية من عرضها المباشر المسجل. جمعت الشركة $1.485 مليون من خلال بيع 9 ملايين سهم عادي بسعر $0.165 للسهم، مع وورنتس مرفقة.
يسمح كل وورنـت بشراء سهم عادي بسعر $0.198 وقابل للإدراج لمدة خمس سنوات. تم إجراء العرض من خلال Spartan Capital Securities وكيل الاكتتاب الحصري، وتُخصص العائدات لرفد رأس المال العامل والأغراض العامة للشركة.
Multi Ways Holdings（NYSE American: MWG），一家新加坡总部的重型建筑设备供应商，已完成其注册直接发行的第二笔 tranche。公司通过出售900万股普通股，价格为每股0.165美元，共筹集了148.5万美元，并附带认股权证。
每份认股权证允许以0.198美元购买一股普通股，行权期限为五年。此次发行由独家配售代理Spartan Capital Securities进行，募集资金拟用于营运资金及一般企业用途。
- Secured $1.485 million in additional funding
- Five-year warrants provide potential for additional capital through exercise
- Significant share dilution with 9 million new shares issued
- Offering price of $0.165 per share indicates relatively low valuation
Insights
Multi Ways Holdings raised $1.485M through share issuance at a significant discount to expand working capital, indicating possible financial pressure.
Multi Ways Holdings has closed the second tranche of its registered direct offering, raising
The pricing structure reveals important insights. At
The company's stated use of proceeds for "working capital and general corporate purposes" is notably vague, potentially indicating cash flow challenges rather than specific growth initiatives. Companies with strong operations typically provide more specific allocation plans for raised capital. This generalized purpose, combined with the need for a registered direct offering (which is faster but often more dilutive than traditional offerings), suggests Multi Ways may be prioritizing immediate liquidity over long-term capital structure optimization.
The involvement of Spartan Capital Securities as the exclusive placement agent indicates professional financial guidance but also confirms this was not an organic capital raise through existing investors, which would have been less costly in terms of fees and potentially signaled stronger investor confidence.
SINGAPORE, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced the closing of the second tranche of the registered direct offering of 9,000,000 ordinary shares, par value
The offering was priced at
Spartan Capital Securities, LLC, acted as the exclusive placement agent for this registered direct offering. Ortoli Rosenstadt LLP acted as counsel to the Company. Sichenzia Ross Ference LLP acted as counsel to Spartan Capital Securities, LLC.
The registered direct offering was made pursuant to an effective registration statement on Form F-1 (File No. 333-286220) initially filed with the Securities and Exchange Commission on March 28, 2025, as amended and declared effective by the Securities and Exchange Commission on September 10, 2025.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
About Multi Ways Holdings Limited
Multi Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment business, the Company is widely established as a reliable supplier of new and used heavy construction equipment to customers from Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines. With our wide variety of heavy construction equipment in our inventory and complementary equipment refurbishment and cleaning services, Multi Ways is well-positioned to serve customers as a one-stop shop. For more information, visit www.multiwaysholdings.com.
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
FAQ
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