Multi Ways Holdings Ltd

Multi Ways Holdings Ltd (MWG) priced its initial public offering on Apr 5, 2023 at $2.50 per share, and listed on NYSE American. At the IPO price its market capitalization was about $77.1M. Ortoli Rosenstadt, Conyers Dill & Pearman and Opal Lawyers advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

Multi Ways Holdings Ltd supplies new and used heavy construction equipment for sale and rental, with operations based in Singapore. It has more than two decades of experience and customers in Singapore, Australia, the UAE, the Maldives, Indonesia and the Philippines.

Status

IPO

Ticker

MWG

Exchange

NYSE American

Priced

Apr 5, 2023

IPO price

$2.50

Market cap at IPO price

$77.1M

First filed

Feb 8, 2023

Company counsel

Ortoli Rosenstadt, Conyers Dill & Pearman and Opal Lawyers

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Industrials & materials

Country / state

Singapore

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.