SINGAPORE, Sept. 12, 2025 — Multi Ways Holdings Limited (NYSE American: MWG), a key supplier of heavy construction equipment for sale and rental in Singapore and the surrounding area, today announced the pricing of a registered direct offering. This offering includes 9,000,000 ordinary shares, with a par value of $0.00025 each, and warrants to purchase up to 9,000,000 ordinary shares.
The offering is priced at $0.165 per ordinary share and accompanying warrant, with gross proceeds expected to reach $1,485,000. Each warrant can be exercised at a price of $0.198 per share for a period of five years after issuance. The company plans to allocate the net proceeds to working capital and general corporate needs.
Spartan Capital Securities, LLC, is the exclusive placement agent for this registered direct offering.
The securities are being offered under a registration statement on Form F-1 (File No. 333-286220), which was initially submitted to the Securities and Exchange Commission on March 28, 2025, and declared effective on September 10, 2025. The offering is anticipated to close around September 15, 2025, pending standard closing conditions.
This press release is not an offer to sell or a solicitation of an offer to buy these securities. Furthermore, there will be no sale of these securities in any jurisdiction where such offer, solicitation, or sale would be considered unlawful before registration or qualification under the securities laws of that jurisdiction.
About Multi Ways Holdings Limited
Multi Ways Holdings is a supplier of a wide array of heavy construction equipment for both sales and rental purposes in Singapore and its neighboring regions. With over two decades of experience in the heavy construction equipment sales and rental sector, the Company has a strong reputation as a dependable provider of both new and used equipment to clients in Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines. With a diverse inventory of heavy construction equipment, along with equipment refurbishment and cleaning services, Multi Ways is positioned to serve as a comprehensive one-stop shop for its customers. For more information, visit .
Safe Harbor Statement
This press release contains forward-looking statements. Additionally, we or our representatives may, from time to time, make forward-looking statements, either orally or in writing. These statements are based on our expectations and projections regarding future events, derived from the information currently available to us. These forward-looking statements pertain to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. Forward-looking statements can be identified by the use of non-historical terms, particularly those featuring words like “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or their negative counterparts or similar expressions. When evaluating these forward-looking statements, you should take into account various factors, including our ability to change the direction of the Company, keep pace with new technology and evolving market needs, and the competitive landscape of our business. These and other factors could cause our actual results to differ significantly from any forward-looking statement. Forward-looking statements are predictions only. The forward-looking events discussed in this press release and other statements made by us or our representatives may not occur. Actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are under no obligation to publicly update or revise any forward-looking statement, whether due to uncertainties and assumptions, or because the forward-looking events discussed in this press release and other statements made by us or our representatives might not occur.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
