SINGAPORE, Sept. 26, 2025 — Multi Ways Holdings Limited (NYSE American: MWG), a major supplier of heavy construction equipment for sale and rental in Singapore and the surrounding area, has announced the completion of the second part of its registered direct offering. This tranche involved 9,000,000 ordinary shares (par value $0.00025 each) and warrants to purchase up to 9,000,000 ordinary shares.
The offering was priced at $0.165 per ordinary share, with an accompanying warrant. The company’s gross proceeds from this second tranche totaled $1,485,000. Each warrant can be exercised at $0.198 per share for five years after it is issued. The company plans to use the net proceeds for working capital and general business needs.
Spartan Capital Securities, LLC, was the exclusive placement agent for this registered direct offering. Ortoli Rosenstadt LLP served as counsel to the Company, and Sichenzia Ross Ference LLP served as counsel to Spartan Capital Securities, LLC.
The registered direct offering was conducted under an effective registration statement on Form F-1 (File No. 333-286220), initially submitted to the Securities and Exchange Commission on March 28, 2025. The SEC declared it effective on September 10, 2025.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities. Furthermore, no sales of these securities will occur in any jurisdiction where such an offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that jurisdiction.
About Multi Ways Holdings Limited
Multi Ways Holdings supplies a broad array of heavy construction equipment for both sales and rental in Singapore and nearby regions. With over 20 years of experience in the heavy construction equipment sales and rental sector, the Company has become a well-known reliable supplier of both new and used heavy construction equipment. Its customers are located in Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines. Multi Ways provides a wide variety of heavy construction equipment and complementary services such as equipment refurbishment and cleaning, positioning itself as a comprehensive one-stop shop for its customers. For more details, visit .
Safe Harbor Statement
This press release includes forward-looking statements. Additionally, we or our representatives may occasionally make forward-looking statements either verbally or in writing. These statements are based on our expectations and predictions regarding future events, derived from the information we currently have. These forward-looking statements concern future events or our future performance, including our financial results and forecasts, revenue and earnings growth, and business prospects and opportunities. You can identify these statements by their use of non-historical terms, particularly words such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or their negative forms or similar expressions. When assessing these forward-looking statements, consider various factors such as our capacity to alter the company’s direction, keep up with technological advancements and evolving market demands, and the competitive landscape of our industry. These factors, among others, could cause our actual results to significantly differ from any forward-looking statement. Forward-looking statements are only predictions. The events discussed in this release and other statements we or our representatives make may not occur. Actual events and results may substantially differ and are subject to risks, uncertainties, and assumptions about our company. We are not obligated to update or revise any forward-looking statement publicly, whether due to new information, uncertainties, or assumptions, or because the discussed events might not occur.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
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