IPO - Multi Ways Holdings Ltd

Form Type: F-1

Filing Date: 2025-03-28

Corporate Action: Ipo

Type: New

Accession Number: 000164117225001191

Filing Summary: Multi Ways Holdings Limited is planning to offer up to 9,000,000 ordinary shares at an estimated price of $0.2180 per share, which reflects a 30% discount from its last recorded market price of $0.3115. As of March 26, 2025, the company holds approximately 33,330,000 shares outstanding, with MWE Investments holding 61.8% of the shares and projected to hold 48.6% post-offering. Investors are cautioned regarding the volatility of share prices and potential concentration of control by MWE Investments which could limit shareholder influence on corporate actions. The offering aims to commence as soon as the registration statement is effective, with funds to be held in escrow until closing. Risks related to investment are highlighted, and the company emphasizes its status as an 'Emerging Growth Company' under U.S. laws, allowing for reduced financial reporting obligations. The proceeds are intended to support business objectives outlined in the offering documentation.

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