WF International Limited Announces Share Consolidation

Rhea-AI Summary

WF International (Nasdaq: WXM) approved a ten-for-one share consolidation. Effective June 4, 2026, every 10 ordinary shares will convert into 1 share, reducing outstanding shares from 11,268,745 to about 1,126,875 and increasing par value from $0.000001 to $0.00001.

The stock will keep trading on Nasdaq as WXM under new CUSIP G9627S113. The move aims to raise the share price to help maintain the Nasdaq listing. No fractional shares will be issued; holders entitled to fractions receive one additional share automatically.

AI-generated analysis. Not financial advice.

Positive

• Ten-for-one share consolidation reduces outstanding shares from 11,268,745 to about 1,126,875
• Action is intended to increase market price per share to help maintain Nasdaq listing
• Ordinary shares continue trading on Nasdaq under symbol WXM with new CUSIP G9627S113
• No fractional shares; eligible holders automatically receive an additional whole share

Negative

• None.

Key Figures

Share consolidation ratio: 10-to-1 Pre-consolidation shares: 11,268,745 shares Post-consolidation shares: approximately 1,126,875 shares +5 more

8 metrics

Share consolidation ratio 10-to-1 Ordinary share consolidation basis

Pre-consolidation shares 11,268,745 shares Issued and outstanding before consolidation

Post-consolidation shares approximately 1,126,875 shares Issued and outstanding after consolidation

Old par value $0.000001 per share Par value before consolidation

New par value $0.00001 per share Par value after consolidation

Effective date June 4, 2026 Start of post-consolidation trading

Current price $0.462 Pre-consolidation close before announcement

Shelf registration size $60,000,000 Form F-3 filed May 11, 2026

Market Reality Check

Price: $0.4727 Vol: Volume 25,171 is well bel...

low vol

$0.4727 Last Close

Volume Volume 25,171 is well below the 20-day average of 359,184, indicating muted trading ahead of the consolidation. low

Technical Shares at $0.462 are well below the 200-day MA of $1.33 and about 89% under the 52-week high of $4.2217.

Peers on Argus

WXM was roughly flat pre-announcement, while peers were mixed: TLIH up 4.43%, LB...

2 Up 1 Down

WXM was roughly flat pre-announcement, while peers were mixed: TLIH up 4.43%, LBGJ up 7.23%, and WFF down 3.27%. Scanner data shows only one close peer in notable upside momentum, supporting this as a stock-specific corporate action rather than a broad sector move.

Common Catalyst Both WXM and peer TLIH had Nasdaq bid-price compliance themes, but only WXM announced a share consolidation.

Historical Context

1 past event · Latest: Dec 30 (Negative)

Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Dec 30	Nasdaq deficiency notice	Negative	-3.8%	Nasdaq minimum bid price deficiency and compliance deadline disclosure.

Pattern Detected

Recent news centered on Nasdaq minimum bid-price deficiency and potential remediation, with the stock declining on that notice.

Recent Company History

In late December 2025, WF International disclosed a Nasdaq notice that its bid price had stayed below $1.00 for 33 consecutive business days, triggering a deficiency under Listing Rule 5550(a)(2). The company was granted until June 22, 2026 to regain compliance by sustaining a bid of at least $1.00 for 10 consecutive business days. That notice saw a -3.76% next-day reaction, and today’s ten‑for‑one share consolidation directly addresses the same compliance challenge.

Regulatory & Risk Context

Active S-3 Shelf · $60,000,000

Shelf Active

Active S-3 Shelf Registration 2026-05-11

$60,000,000 registered capacity

The company has an effective Form F-3 shelf filed on May 11, 2026, allowing it to offer up to $60,000,000 of various securities from time to time, which provides financing flexibility but also potential future equity issuance.

Market Pulse Summary

This announcement details a 10-for-1 share consolidation that reduces outstanding ordinary shares fr...

Analysis

This announcement details a 10-for-1 share consolidation that reduces outstanding ordinary shares from 11,268,745 to about 1,126,875, raising the per‑share price without altering overall equity value. It directly follows prior disclosures about Nasdaq minimum bid-price noncompliance and complements the recently effective $60,000,000 Form F-3 shelf. Investors may watch post-consolidation trading from June 4, 2026 and any subsequent use of the shelf for additional context.

Key Terms

share consolidation, par value, cusip number, nasdaq capital market, +2 more

6 terms

share consolidation financial

"approved a consolidation of its ordinary shares on a ten-to-one basis"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

par value financial

"with par value of the ordinary shares being changed from $0.000001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

cusip number financial

"under a new CUSIP number – G9627S113"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

nasdaq capital market financial

"continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

fractional shares financial

"No fractional shares will be issued as a result of the Share Consolidation."

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

transfer agent financial

"The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent."

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

AI-generated analysis. Not financial advice.

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CHENGDU, China, June 1, 2026 /PRNewswire/ -- WF International Limited (Nasdaq: WXM) ("WF" or the "Company"), an integrated electromechanical solutions company specializing in the supply, installation, fitting-out, and maintenance of HVAC systems, floor heating systems, and water purification systems, today announced that its board of directors and shareholders approved a consolidation of its ordinary shares on a ten-to-one basis (the "Share Consolidation"). The Company's ordinary shares will begin trading on a post consolidation basis on June 4, 2026.

As a result of the Share Consolidation, each ten (10) pre-consolidation ordinary shares of the Company will be automatically consolidated into one (1) ordinary share without any action on the part of the holders, with par value of the ordinary shares being changed from $0.000001 per share to $0.00001 per share, and the Company's issued and outstanding ordinary shares will be reduced from 11,268,745 to approximately 1,126,875. The Company's ordinary shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "WXM" under a new CUSIP number – G9627S113. The Share Consolidation is intended to increase the market price per share of the Company's ordinary shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Share Consolidation. Shareholders who otherwise would be entitled to a fractional share because they hold a number of ordinary shares not evenly divisible by ten will automatically be entitled to receive an additional ordinary share.

The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to ordinary shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

About WF International Limited

WF International Limited specializes in the supply, installation, fitting-out, and maintenance services for HVAC systems, floor heating systems, and water purification systems. With extensive experience serving commercial projects and high-end residential projects throughout Sichuan, China, the Company has established itself as a trusted provider of premium electromechanical solutions.

The Company's portfolio includes installations for HVAC projects such as the International Finance Squares across China, Chengdu Vanke Charm City, Chengdu Raffles Plaza, Chengdu Yinshi Plaza, Chengdu Metro No. Ten Line, and Panzhihua Jinhai Hotel.

Since 2017, WF International has expanded its service offerings to include comprehensive heating and water purification solutions, positioning itself as an integrated supplier of both electromechanical products and installation services for large-scaled commercial projects and real estate developer clients that offer high-end fully furnished homes. For more information, please visit the Company's website at www.wf.international.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company's actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. For example, there can be no assurance that the Company will be able to regain compliance and maintain its listing on Nasdaq. The reports filed by the Company with the Securities and Exchange Commission discuss these and other import factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com 

View original content:https://www.prnewswire.com/news-releases/wf-international-limited-announces-share-consolidation-302787404.html

SOURCE WF International Limited

FAQ

What share consolidation did WF International (Nasdaq: WXM) announce on June 1, 2026?

WF International approved a ten-for-one consolidation of its ordinary shares. According to WF International, every 10 pre-consolidation shares will automatically convert into 1 share, reducing outstanding shares from 11,268,745 to approximately 1,126,875 without any required action from shareholders.

When will WF International’s (WXM) ten-for-one share consolidation take effect?

The share consolidation takes effect with trading on a post-consolidation basis starting June 4, 2026. According to WF International, the company’s ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol WXM with a new CUSIP number, G9627S113.

How does the WF International (WXM) share consolidation affect outstanding shares and par value?

The consolidation reduces outstanding ordinary shares from 11,268,745 to about 1,126,875. According to WF International, the par value of each ordinary share will change from $0.000001 to $0.00001 per share, while the shares continue trading on Nasdaq under the symbol WXM.

What happens to fractional shares in the WF International (WXM) share consolidation?

No fractional shares will be issued in the consolidation. According to WF International, shareholders who would otherwise receive a fractional share because their holdings are not evenly divisible by ten will automatically be entitled to receive one additional whole ordinary share instead.

Why is WF International (WXM) implementing a ten-for-one share consolidation?

The consolidation is intended to increase the market price per ordinary share. According to WF International, a higher share price should help the company maintain its listing on the Nasdaq Capital Market while keeping the same trading symbol WXM under a new CUSIP.

What should WF International (WXM) shareholders do with physical stock certificates after the consolidation?

Adjustments to shares represented by physical certificates can be made through the transfer agent. According to WF International, shareholders may surrender their certificates to VStock Transfer, LLC, which will act as exchange agent and handle necessary updates following the ten-for-one consolidation.