STOCK TITAN

WF Holding ends up to $18M additional purchase right

Purchasers no longer have the option to buy up to $18 million more, while securities issued in the offering remain unaffected.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

On October 21, 2026, WF Holding Ltd terminated purchasers’ right to make an additional purchase under the securities purchase agreement. The right had allowed purchases of up to $18 million during the 30-calendar-day period following the offering’s closing, on the same terms as the offering. The termination does not affect securities issued in the offering, and the other transaction-document provisions remain unchanged.

Maximum additional purchase right Up to $18 million Right terminated by the October 21, 2026 agreement
Additional purchase period 30 calendar days Following the initial closing of the offering
Minimum purchase notice $300,000 Minimum aggregate purchase price covered by each notice
Initial offering 12,000,000 units Units offered under the securities purchase agreement
Purchase price $1.50 per Unit, or $1.499 per Unit including a Pre-Funded Warrant Initial registered direct offering
Additional Allocation financial
"terminate the Additional Allocation set forth in Section 2.4"
registered direct offering financial
"in connection with a registered direct offering"
A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.
Pre-Funded Warrant financial
"one pre-funded warrant to purchase one Ordinary Share"
A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.
securities purchase agreement financial
"entered into a securities purchase agreement"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What additional purchase right did WFF terminate?

The terminated right had allowed purchasers to buy up to an additional $18 million of ordinary shares and/or pre-funded warrants during the 30-day period following the offering’s closing, on the same terms. Each purchase notice had to cover an aggregate purchase price of at least $300,000.

Does WFF’s termination affect securities issued in the offering?

No. The termination does not affect the securities issued in the offering, and all other provisions of the securities purchase agreement and related transaction documents remain unchanged and in full force and effect.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

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 October 2026

 

Commission File Number: 001-42566

 

WF HOLDING LIMITED

(Translation of registrant’s name into English)

 

Lot 3893, Jalan 4D

Kg. Baru Subang

Seksyen U6, 40150 Shah Alam, Selangor, Malaysia

60-378471828

(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 ☐

 

 

 

 

 

Information contained in this Current Report on Form 6-K

 

Termination of Additional Allocation

 

As previously disclosed, on October 14, 2026, WF Holding Limited (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain investors in connection with a registered direct offering for the offer and sale of 12,000,000 units (each, a “Unit”), with each Unit consisting of (i) one ordinary share of the Company with a par value of $0.00025 per share (each, an “Ordinary Share”) or in lieu thereof, one pre-funded warrant (each, a “Pre-Funded Warrant”) to purchase one Ordinary Share at an exercise price of $0.001 per share, and (ii) one warrant (each, a “Warrant” and, collectively with the Ordinary Shares, the Pre-Funded Warrants and the Ordinary Shares issuable upon exercise of the Pre-Funded Warrants and the Warrants, the “Securities”), at a purchase price of $1.50 per Unit (or $1.499 per Unit including a Pre-Funded Warrant) in a registered direct offering (such offering, the “Offering”). Pursuant to the Purchase Agreement, each investor has the right (the “Additional Allocation”) to purchase, at the same purchase price and on the same terms, up to 100% of the number of Ordinary Shares and/or Pre-Funded Warrants, together with the accompanying Warrants, purchased by such investor at the initial closing of the Offering, at any time on or before the date that is thirty (30) calendar days following the initial closing date, by delivery of one or more written notices, each covering an aggregate purchase price of not less than $300,000.

 

On October 21, 2026, the Company entered into a termination letter agreement with the purchasers of the Purchase Agreement, to terminate the Additional Allocation set forth in Section 2.4 of the Purchase Agreement (the “Termination”). As a result of the Termination, the purchasers no longer have any right, claim or entitlement to the Additional Allocation. All other provisions of the Purchase Agreement and the other transaction documents related to the Offering remain unchanged and in full force and effect. The Termination does not affect the Securities issued in the Offering.

 

The foregoing description of the termination letter agreement does not purport to be complete and is qualified in its entirety by copy of such document filed as Exhibit 10.1 to this Form 6-K and is incorporated herein by reference.

 

The Company issued a press release announcing the Termination on October 21, 2026. A copy of the press release is filed as Exhibit 99.1 to this Form 6-K and is incorporated herein by reference.

 

1 

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Form of Termination Letter Agreement
99.1   Press Release dated October 21, 2026

 

2 

 

SIGNATURE

 

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.

 

Dated: October 21, 2026

 

  WF Holding Limited
     
  By: /s/ Leah Siang Ling
  Name: Leah Siang Ling
  Title: Co-Chief Executive Officer

 

  By: /s/ Chee Hoong Lew
  Name: Chee Hoong Lew
  Title: Co-Chief Executive Officer

 

3 

 

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

WF Holding Limited Announces Termination of Additional Purchase Right

 

KUALA LUMPUR, Oct. 21, 2026 /PRNewswire/ -- WF Holding Limited (NASDAQ: WFF) (the “Company”), announced that it has entered into a termination letter agreement with the purchasers in its registered direct offering announced on October 14, 2026 (the “Offering”).

 

Under the termination letter agreement, the Company and the purchasers have terminated in full the additional purchase right set forth in Section 2.4 of the securities purchase agreement entered into in connection with the Offering. The terminated right had permitted the purchasers, during the 30-day period following the closing of the Offering, to elect to purchase up to an additional $18 million of ordinary shares and/or pre-funded warrants on the same terms and conditions as the Offering.

 

As a result of the termination, the purchasers no longer have any right, claim or entitlement to make an additional purchase under Section 2.4 of the securities purchase agreement. All other provisions of the securities purchase agreement and the other transaction documents remain unchanged and in full force and effect. The termination does not affect the securities issued in the Offering.

 

About WF Holding Limited

 

Based in Malaysia, WF Holding Limited is an ISO 9001:2015 certified manufacturer of fiberglass reinforced plastic (“FRP”) products including tanks, pipes, ducts and custom-made FRP products. With a track record of over 30 years, the Company designs and fabricates products that meet the specific needs of its clients, ensuring high-quality and reliable performance. The Company’s high-quality and durable products leverage the advantages of FRP to reinforce critical industrial infrastructure, driving resilience, longevity and sustainability. The Company also delivers a wide range of related services such as consultation, delivery, installation, repair and maintenance. For more information, please visit www.winfung.com.my.

 

Forward Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

 

WF Holding Limited

 

Investor Relations
Email: corporate@winfung.com.my

 

Filing Exhibits & Attachments

2 documents

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