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WF International Limited Announces Pricing of Initial Public Offering and Listing on the Nasdaq Capital Market

CHENGDU, China, March 31, 2025 (GLOBE NEWSWIRE) -- WF International Limited (the "Company"), an integrated electromechanical solutions company specializing in the supply, installation, fitting-out, and maintenance of HVAC systems, floor heating systems, and water purification systems, today announced the pricing of its initial public offering (the "Offering") of 1,400,000 ordinary shares at a public offering price of $4.00 per share (the "Offering Price") to the public. The Company expects to receive aggregate gross proceeds of $5,600,000, before deducting underwriting discounts and other related expenses. The Company's ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to begin trading on April 1, 2025, under the ticker symbol "WXM."

The Company has granted the underwriters a 45-day option to purchase up to an additional 210,000 ordinary shares at the Offering Price, representing 15% of the ordinary shares sold in the Offering.

The Offering is expected to close on April 2, 2025, subject to the satisfaction of customary closing conditions.

The Benchmark Company, LLC and Axiom Capital Management, Inc. are acting as joint book-running managers for the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the "SEC") (File Number: 333-275382), as amended, and was declared effective by the SEC on December 20, 2024. A post-effective amendment to the registration statement on Form F-1 relating to the Offering (File No. 333-275382) was filed with the SEC and was declared effective by the SEC on March 26, 2025. The offering of the securities is being made only by means of a prospectus, forming a part of the registration statement. Electronic copies of the ...

https://www.benzinga.com/pressreleases/25/03/g44575553/wf-international-limited-announces-pricing-of-initial-public-offering-and-listing-on-the-nasdaq-ca