S-1 · primary offering
Issued 2025
Proposed maximum
Shares registered
- Filed
- Effective
WXM$2.12-11.67%
WF International Ltd.
Sector: Construction - Special Trade ContractorsIndustry: Industrial - DistributionCountry: CNExchange: Nasdaq
Mkt Cap:$17.21M
Float & O/S:
Inst Own:
DilutionScan read 32 of WF International Ltd.'s SEC filings and found 3 warrant series, 2 shelf registrations, 1 S-1 registration and 4 completed offerings on file for WXM. Analysis updated Oct 4, 2026.
Signal8 Summary
WXM
Shrinking revenue and reverse split
Snapshot
WXM is a tiny micro-cap providing HVAC services in China that is in operational distress. FY 2025 revenue fell 14% to $13.4M and gross margins collapsed to 8.8%, driving a $3.3M net loss.
What's Happening Right Now
- : The company raised $2M in a private placement and re-priced outstanding warrants to $1.19 per share to secure working capital.
- : WF International regained compliance with Nasdaq minimum bid price rules after its stock price dropped below $1.00 late last year.
- : WXM executed a 1-for-10 reverse stock split and issued equity for consulting services to maintain its Nasdaq listing.
Raise routes on file: effective shelf + effective S-1 · latest dilution event 54 days ago
Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need
AI dilution summary
The dominant contractual driver and its mechanism, then each further driver ranked.
Latest dilution event
Sep 10, 2026 · Offering Priced
Every warrant, convertible, ATM and shelf, cited to the filing
A free account reads 3 tickers a day in full
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
Share count and cash history
Shares outstanding, potential dilution and cash over time
Effective
Warrant
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
F-3 shelf registration
Issued 2026
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
POS AM shelf registration
Issued 2025
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
Registered direct offering
Issued 2025
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Registered direct offering
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Registered direct offering
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your WXM trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
