Multi Ways Holdings Announces Closing of Second Tranche of $1.485 Million Registered Direct Offering
Multi Ways Holdings Limited Ordinary Shares (MWG)
Company Research
Source: GlobeNewswire
SINGAPORE, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced the closing of the second tranche of the registered direct offering of 9,000,000 ordinary shares, par value $0.00025 per share, and warrants to purchase up to 9,000,000 ordinary shares. The offering was priced at $0.165 per ordinary share and accompanying warrant. The Company received aggregate gross proceeds of $1,485,000 from this second tranche. Each warrant will be exercisable at $0.198 per share for a period of five years following its issuance. The Company intends to use the net proceeds for working capital and general corporate purposes. Spartan Capital Securities, LLC, acted as the exclusive placement agent for this registered direct offering. Ortoli Rosenstadt LLP acted as counsel to the Co
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MWG
News
- Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY CranesGlobeNewswire
- SPARTAN CAPITAL SECURITIES, LLC SERVES AS EXCLUSIVE PLACEMENT AGENT FOR MULTI WAYS HOLDINGS’ $1.485 MILLION SECOND TRANCHE, BRINGING TOTAL REGISTERED DIRECT OFFERING TO $2.97 MILLIONGlobeNewswire
- Spartan Capital Securities Serves as Exclusive Placement Agent for Multi Ways Holdings’ $1.485 Million Registered Direct OfferingGlobeNewswire
- Multi Ways Holdings Announces Closing of $1.485 Million Registered Direct OfferingGlobeNewswire
- Multi Ways Holdings Announces Pricing of $1.485 Million Registered Direct OfferingGlobeNewswire
MWG
Sec Filings
- 12/4/25 - Form 6-K
- 10/27/25 - Form 6-K
- 10/10/25 - Form 6-K
- MWG's page on the SEC website