WF International Limited filed a report explaining that, as a Cayman Islands company listed on Nasdaq, it will use a home country exemption from certain U.S. corporate governance rules. Relying on Nasdaq Listing Rule 5615(a)(3)(A), the company has elected not to follow Nasdaq Listing Rule 5635(d), which normally requires shareholder approval before issuing securities in some transactions other than public offerings. Cayman Islands counsel Maples and Calder (Hong Kong) LLP provided a letter to Nasdaq confirming that Cayman law does not require these shareholder-approval provisions. The company states that, apart from this exemption, its corporate governance practices do not significantly differ from what Nasdaq expects of domestic U.S. companies.
WF International Limited filed a Form 6-K as a foreign private issuer to furnish investors with its latest financial information. The company released its unaudited financial results for the six months ended March 31, 2025, and included comparative information for the same period in 2024. The filing provides unaudited condensed consolidated financial statements as well as management’s discussion and analysis covering financial condition and operating results for these periods. Supporting Inline XBRL data files and an interactive cover page data file are also included as exhibits.