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 September 2025
Commission
File Number: 001-41669
Multi
Ways Holdings Limited
3E
Gul Circle
Singapore
629633
+65
6287 5252
(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 ☐
On
September 26, 2025, Multi Ways Holdings Limited, a Cayman Islands exempted company (the “Company”) completed the second closing
of (i) 9,000,000 ordinary shares (the “Shares”), par value $0.00025 per share (the “Ordinary Shares”) and (ii)
warrants to purchase up to 9,000,000 Ordinary Shares (the “Warrants”), at a purchase price of $0.165 per Ordinary Share and
accompanying Warrant, pursuant to the subscription agreements (the “Subscription Agreements”), dated September 25, 2025,
by and between the Company and certain investors named thereto. The Warrants are exercisable for five years from issuance at an exercise
price of $0.198 per share.
The
second closing follows the initial closing completed on September 15, 2025, relating to the issuance and sale of (i) 9,000,000 Ordinary
Shares and (ii) warrants to purchase up to 9,000,000 Ordinary Shares, at a purchase price of $0.165 per Ordinary Share and accompanying
warrant, pursuant to the subscription agreements, dated September 12, 2025, by and between the Company and certain investors named thereto.
The
Company received $1,485,000 in gross proceeds in the second closing, before deducting Placement Agent’s fees and accountable expenses
and other estimated expenses. The Company intends to use the proceeds from this initial closing for working capital and general corporate
purposes.
The
Subscription Agreements contain customary representations, warranties and agreements by the Company, customary conditions to closing,
indemnification obligations of the Company, other obligations of the parties, and termination provisions.
The
Shares, the Warrants and the Ordinary Shares underlying the Warrants were offered by the Company pursuant to a registration statement
on Form F-1, as amended, (File No.333-286220) (the “Registration Statement”), previously filed on March 28, 2025 and declared
effective by the Securities and Exchange Commission (the “SEC”) on September 10, 2025.
On
September 26, 2025, the Company issued a press release announcing the second closing of the Offering, a copy of which is furnished as
Exhibit 99.1 hereto.
This
Report is incorporated by reference into the registration statement on Form S-8 (File No. 333-275277) of the Company, filed with the
Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports
subsequently filed or furnished.
This
Report shall not constitute an offer to sell any securities or a solicitation of an offer to buy any securities, nor shall there be any
sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking
Statements:
This
Report contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995 and other Federal securities laws. For example, the Company is using forward-looking statements when it discusses
the closing of the Offering. All statements other than statements of historical facts included in this Report are forward-looking statements.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s
current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated
events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s
control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking
statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual
results and financial condition to differ materially from those indicated in the forward-looking statements include the risks and uncertainties
described in the Company’s annual report on Form 20-F for the year ended December 31, 2024, filed with the Commission on May 23,
2025, and the Company’s other filings with the Commission. The Company undertakes no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or
otherwise.
EXHIBIT
INDEX
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release, dated September 26, 2025 |
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.
| Date:
September 26, 2025 |
Multi
Ways Holdings Limited |
| |
|
|
| |
By: |
/s/
Lim Eng Hock |
| |
Name:
|
Lim
Eng Hock |
| |
Title: |
Executive
Director, Chairman and Chief Executive Officer (Principal Executive Officer) |
