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An announcement from WF International Ltd. ( (WXM) ) is now available.
On November 4, 2025, WF International Limited entered into a Placement Agency Agreement with The Benchmark Company and Axiom Capital Management for a registered direct offering of 1,720,688 units, each comprising one ordinary share and one warrant. The offering, priced at $2.00 per unit, closed on November 6, 2025, generating approximately $3.4 million in gross proceeds, with net proceeds of $2.9 million intended for talent acquisition, working capital, and general corporate purposes. The company has agreed to a six-month lock-up period for issuing new shares, and the offering is expected to strengthen its financial position and support its strategic growth initiatives.
More about WF International Ltd.
WF International Limited is an integrated electromechanical solutions company specializing in the supply, installation, fitting-out, and maintenance of HVAC systems, floor heating systems, and water purification systems. The company serves commercial and high-end residential projects in Sichuan, China, and has expanded its offerings to include comprehensive heating and water purification solutions since 2017.
Average Trading Volume: 200,894
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.55M
For a thorough assessment of WXM stock, go to TipRanks’ Stock Analysis page.