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APWC (NASDAQ: APWC) rights offering raises $30.2M, remainder sale ongoing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Asia Pacific Wire & Cable Corporation Limited reported the results of its rights offering for 20,616,227 common shares. Shareholders exercised 18,165,738 rights for approximately 20.6 million shares, representing about 88.11% of the shares offered and generating roughly $30.2 million in gross proceeds.

The remaining 2,450,489 shares, or about 11.89% of the original offering, will be sold in a separate remainder offering to eligible investors at a price no less than the original subscription price, running until February 20, 2026. The company plans to use the proceeds to expand manufacturing capacity in North America and Southeast Asia and to acquire key products and technologies, aiming to benefit from trade deals that encourage rebuilding supply chains and manufacturing in the United States.

Positive

  • High take-up of rights offering with significant capital raised: Approximately 88.11% of the 20,616,227 rights shares were subscribed, generating about $30.2 million in gross proceeds to support manufacturing expansion and strategic acquisitions.

Negative

  • None.

Insights

APWC nearly completes rights offering, raising about $30.2M for expansion.

Asia Pacific Wire & Cable Corporation Limited completed the subscription period of a rights offering for 20,616,227 common shares, with approximately 88.11% of the offered shares taken up. This brought in gross proceeds of about $30.2 million, strengthening its equity capital base.

The company will offer the remaining 2,450,489 shares, or around 11.89% of the original amount, through a remainder offering to eligible investors at a price no lower than the rights subscription price, running until February 20, 2026. The company reserves the right to cancel or terminate this process.

Management states that proceeds will fund expanded manufacturing capacity in North America and Southeast Asia and acquisitions of products and technologies, targeting demand tied to recent US–Asia trade deals and growth in advanced electronics, components, and energy infrastructure. Actual benefits depend on execution and market conditions described in its SEC reports.


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 6-K



REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2026
Commission File Number: 1-14542




ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED

(Translation of registrant’s name into English)


15/Fl. B, No. 77, Sec. 2, Dunhua South Road
Taipei, 106, Taiwan, Republic of China
(Address of principal executive office)



Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F                  Form 40-F  

Registrant issued a press release on January 28, 2026, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Exhibit 99.1 Press Release dated January 28, 2026




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.                                                                        

ASIA PACIFIC WIRE & CABLE
CORPORATION LIMITED

(Registrant)

By: /s/ Ben Lee
Name:    Ben Lee
Title:    Chief Financial Officer
Date: January 28, 2026







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

Taipei, Taiwan, January 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

What did Asia Pacific Wire & Cable (APWC) announce in its January 2026 update?

Asia Pacific Wire & Cable announced the results of a rights offering for 20,616,227 common shares. Shareholders exercised 18,165,738 rights, subscribing to about 88.11% of the offered shares and generating roughly $30.2 million in gross proceeds for the company’s stated growth plans.

How many shares were subscribed in APWC’s rights offering and what percentage was that?

Shareholders exercised rights to subscribe for 20,616,227 rights shares using 18,165,738 rights, which represents approximately 88.11% of the total rights shares offered. This high participation level indicates substantial shareholder engagement in the capital raise to support APWC’s expansion initiatives.

How much capital did APWC raise from the rights offering and how will it be used?

APWC raised approximately $30.2 million in gross proceeds from the rights offering. The company plans to use these funds to expand manufacturing capacity in North America and Southeast Asia and to acquire key products and technologies aimed at supporting long-term growth opportunities.

What is the APWC remainder offering and how many shares does it cover?

The remainder offering covers 2,450,489 common shares that were not subscribed or for which subscriptions failed, about 11.89% of the original rights shares. These will be offered to eligible investors at a price no less than the rights subscription price, subject to applicable securities laws.

How long will APWC’s remainder offering run and can it be cancelled?

The remainder offering begins immediately and continues until the close of business on February 20, 2026. The company explicitly reserves the right to cancel or terminate the remainder offering at any time in accordance with applicable securities regulations and internal decisions.

What strategic goals does APWC aim to support with the rights offering proceeds?

APWC aims to use the proceeds to expand manufacturing capacity in North America and Southeast Asia and acquire key products and technologies. These initiatives target anticipated demand in advanced electronics, components, and energy infrastructure linked to recent US–Asia trade agreements.
Asia Pacific Wir

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