WF Holding Ltd

WF Holding Ltd (WFF) priced its initial public offering on Mar 28, 2025 at $4.00 per share, raising $8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $99.8M. Bevilacqua advised the company and Ogier advised the underwriters.

WF Holding Ltd is a Malaysia-based manufacturer of fiberglass reinforced plastic products, including tanks, pipes, ducts and gratings. It serves industries such as chemical processing, water and wastewater treatment and power generation.

Status

IPO

Ticker

WFF

Exchange

Nasdaq Capital Market

Priced

Mar 28, 2025

IPO price

$4.00

Raised

$8M

Market cap at IPO price

$99.8M

First filed

Sep 23, 2024

Company counsel

Bevilacqua

Underwriters' counsel

Ogier

Sector

Industrials & materials

Country / state

Malaysia

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