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Reverse split at Multi Ways (NYSE: MWG) aims to support listing

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6-K

Rhea-AI Filing Summary

Multi Ways Holdings Limited is implementing a 1-for-10 reverse share split of its Class A and Class B ordinary shares. Every ten existing shares will be combined into one share, with par value per share increasing from US$0.00025 to US$0.0025.

After the reverse split, the company expects to have approximately 4,142,000 Class A ordinary shares and 1,000,000 Class B ordinary shares issued and outstanding. The Class A shares are expected to begin trading on a post-split basis on the NYSE American on February 23, 2026 under the symbol MWG and a new CUSIP, G6362F116.

The reverse split is intended to increase the market price per share so the company can maintain its NYSE American listing. No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share automatically, without action required from shareholders.

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Insights

Multi Ways is consolidating shares 1-for-10 to support NYSE American listing.

The company is executing a 1-for-10 reverse share split of both Class A and Class B ordinary shares, leaving total equity value unchanged but reducing the number of shares outstanding. Post-split, approximately 4,142,000 Class A and 1,000,000 Class B shares will be outstanding.

The stated goal is to raise the per-share trading price to maintain NYSE American listing standards. Because ownership is consolidated proportionally and fractional shares are rounded up, individual percentage ownership should remain effectively the same, aside from minor rounding effects.

The impact on investors depends on how the market values MWG shares once trading on a post-split basis begins on February 23, 2026. Subsequent company disclosures and trading activity after that date will reveal how the split interacts with investor demand and listing compliance.

 

 

 

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 February 2026

 

Commission File Number: 001-41669

 

Multi Ways Holdings Limited

(Translation of registrant’s name into English)

 

3E Gul Circle

Singapore 629633

+65 6287 5252

(Address of principal executive offices)

 

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

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On January 30, 2026, the board of directors of Multi Ways Holdings Limited, a Cayman Islands exempted company (the “Company”), approved (i) a reverse share split of the Company’s Class A ordinary shares and Class B ordinary shares at a ratio of 1-for-10 (the “Reverse Share Split”), such that (a) every ten (10) issued Class A ordinary shares of a par value of $0.00025 each will be combined into one (1) issued Class A ordinary share of a par value of $0.0025 each, (b) every ten (10) issued Class B ordinary shares of a par value of $0.00025 each will be combined into one (1) issued Class B ordinary share of a par value of $0.0025 each, and (c) any fractional shares will be rounded to the nearest whole share. As a result, the Company’s authorized share capital will be adjusted to US$2,500,000 divided into (a) 800,000,000 Class A ordinary shares with a par value of US$0.0025 each, (b) 100,000,000 Class B ordinary shares with a par value of US$0.0025 each and (c) 1,000,000,000 preferred shares with a par value of US$0.00025 each.

 

The Company’s Class A ordinary shares expect to begin trading on a post-split basis on NYSE American on February 23, 2026 under the current symbol “MWG”. The new CUSIP number following the Reverse Share Split is G6362F116.

 

On February 12, 2026, the Company issued a press release announcing the Reverse Share Split. A copy of the press release is attached hereto as Exhibit 99.1.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release.

 

 

 

 

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.

 

  Multi Ways Holdings Limited
     
  By: /s/ Lim Eng Hock
  Name: Lim Eng Hock
  Title: Chief Executive Officer and Director

 

Date: February 12, 2026

 

 

 

 

 

Exhibit 99.1

 

Multi Ways Holdings Limited Announces 1-for-10 Reverse Share Split Effective February 23, 2026

 

SINGAPORE, February 12, 2026 (GLOBE NEWSWIRE) – Multi Ways Holdings Limited (NYSE American: MWG) (“MWG” or “we,” “our,” or the “Company”), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced that on January 30, 2026, its board of directors approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a one-for-ten basis (the “Reverse Share Split”). The Company’s Class A Ordinary Shares will begin trading on the NYSE American LLC (“NYSE American”) on a post-split basis on February 23, 2026 under the symbol “MWG” under a new CUSIP number – G6362F116.

 

As a result of the Reverse Share Split, each ten (10) issued and outstanding Class A ordinary shares will be combined into one (1) Class A ordinary share and each ten (10) issued and outstanding Class B ordinary shares will be combined into one (1) Class B ordinary share, automatically and without any action by shareholders. The reverse split will result in a proportional increase in par value from US$0.00025 per share to US$0.0025 per share and an adjustment of the Company’s authorized share capital to US$2,500,000 divided into (a) 800,000,000 Class A ordinary shares with a par value of US$0.0025 each, (b) 100,000,000 Class B ordinary shares with a par value of US$0.0025 each and (c) 1,000,000,000 preferred shares with a par value of US$0.00025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 4,142,000 Class A ordinary shares and 1,000,000 Class B ordinary shares issued and outstanding. The Reverse Share Split is intended to increase the market price per share of the Company’s Class A ordinary shares to allow the Company to maintain its NYSE American listing.

 

No fractional shares will be issued as a result of the Reverse Share Split. Shareholders who would be entitled to a fractional share as a result of the Reverse Share Split shall have their entitlement rounded up to the nearest whole share.

 

The Reverse Share Split was approved by a vote of the Company’s shareholders at its extraordinary meeting of shareholders held on November 26, 2025.

 

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A ordinary shares and Class B 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 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.

 

Forward-Looking Statements

 

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

What reverse share split did Multi Ways Holdings (MWG) approve?

Multi Ways Holdings approved a 1-for-10 reverse share split of its Class A and Class B ordinary shares. Every ten existing shares will be combined into one share, with the par value per share rising from US$0.00025 to US$0.0025 after the split.

When will Multi Ways Holdings (MWG) start trading on a post-split basis?

Multi Ways’ Class A ordinary shares are expected to begin trading on a post-split basis on the NYSE American on February 23, 2026. The shares will continue under the symbol MWG but will trade under a new CUSIP number, G6362F116, after the reverse split takes effect.

How many Multi Ways Holdings (MWG) shares will be outstanding after the reverse split?

After the 1-for-10 reverse share split, Multi Ways expects to have approximately 4,142,000 Class A ordinary shares and 1,000,000 Class B ordinary shares issued and outstanding. These figures reflect the consolidation of every ten pre-split shares into one post-split share across both share classes.

Why is Multi Ways Holdings (MWG) implementing a reverse share split?

The reverse share split is intended to increase the market price per share of Multi Ways’ Class A ordinary shares. The company states this higher per-share price is aimed at allowing it to maintain its listing on the NYSE American, which has minimum price requirements for listed securities.

How will fractional shares be handled in the Multi Ways (MWG) reverse split?

No fractional shares will be issued in the reverse split. If a shareholder’s holdings would result in a fractional share, the company will round that entitlement up to the nearest whole share. This adjustment occurs automatically and does not require shareholder action.

Does the Multi Ways Holdings (MWG) reverse split change authorized share capital?

Yes. After the reverse split, authorized share capital will be US$2,500,000 divided into 800,000,000 Class A ordinary shares and 100,000,000 Class B ordinary shares at US$0.0025 par value each, plus 1,000,000,000 preferred shares at US$0.00025 par value each, as disclosed.

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Multi Ways Holdings Ltd

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