WFF$1.33+19.37%
WF Holding Ltd
Sector: Miscellaneous Manufacturing IndustriesIndustry: Manufacturing - TextilesCountry: MYExchange: Nasdaq
Mkt Cap:$7.74M
Float & O/S:
Inst Own:
DilutionScan read 33 of WF Holding Ltd's SEC filings and found 3 warrant series, 1 equity line, 1 shelf registration, 1 S-1 registration and 3 completed offerings on file for WFF. The latest dilution event on file is an offering on Oct 15, 2026. Analysis updated Oct 30, 2026.
Signal8 Summary
WFF
Severe dilution, cash-burning micro-cap
- Business
- WeakNet loss $4.8M on $7.4M revenue, cash $1.1M
- Stock risk
- High111M potential new shares vs 5M shares out, reverse split
Snapshot
WF Holding is a tiny Malaysia-based FRP products maker with $7.4M in FY 2025 revenue, up 61.9%, but it lost $4.8M for the year and burned $2.7M in free cash flow. Cash sits at just $1.1M.
What's Happening Right Now
- : WF Holding closed an $18 million registered direct offering of 12 million shares at $1.50 with attached warrants that can convert into up to 9 shares each (plus a 30-day right to raise another $18 million), and shares plunged with trading halted after the terms were disclosed on Oct 14-15, 2026.
- : Raised $18.00M in gross proceeds through a registered direct offering.
- : Issued warrants across 2 series.
- : Short interest fell 75.8% in September to 83,573 shares, pushing days-to-cover well under one.
- : A 6-K showed an $83.1 million net loss for H1 2026 (mostly a non-cash warrant fair-value charge), revenue down 13.1% to $3.06 million, cash down to $1.36 million, a 1-for-5 reverse split, authorization of up to 100 trillion shares, a $30 million equity line priced near 50% of market with a $0.10 floor, and a $5.0 million deposit toward a proposed RCL Kelstar acquisition.
- : WF Holding entered a $30 million standby equity purchase agreement with Javelin Global Investors, priced at the lower of $1.01 or 50% of recent lows with a $0.10 floor, issuing 750,000 shares upfront for a $3 million pre-paid credit.
- : Priced an offering for $1.89M in gross proceeds (closing not yet reported in the filings reviewed).
