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WF International Announces Pricing of $3.44 Million Follow-on Public Offering
Prnewswire· 2025-11-05 13:00
Core Viewpoint - WF International Limited has announced a follow-on public offering of 1,720,688 units at a price of $2.00 per unit, aiming to raise approximately $3.44 million in gross proceeds for talent acquisition and general corporate purposes [1][2][3]. Company Overview - WF International Limited specializes in integrated electromechanical solutions, focusing on HVAC systems, floor heating systems, and water purification systems [6][8]. - The company has established a strong presence in Sichuan, China, serving both commercial and high-end residential projects [6][8]. Offering Details - Each unit in the offering consists of one ordinary share and one warrant, with the warrants exercisable at the public offering price and expiring five years from issuance [1]. - The offering is being conducted on a "reasonable best efforts" basis and is expected to close around November 6, 2025, subject to customary closing conditions [2]. Use of Proceeds - The net proceeds from the offering will be utilized for talent acquisition and general corporate and working capital purposes [3]. Regulatory Information - The offering is made pursuant to a registration statement filed with the SEC, which became effective on November 3, 2025 [4].
SiTime Corporation Announces Pricing of Follow-on Public Offering
Globenewswire· 2025-06-26 04:20
Group 1 - SiTime Corporation announced a follow-on public offering of 1,750,000 shares at a price of $200.00 per share, expecting gross proceeds of $350 million before expenses [1] - The offering is set to close on June 27, 2025, subject to customary closing conditions [1] - SiTime has granted underwriters a 30-day option to purchase up to 262,500 additional shares at the public offering price [2] Group 2 - UBS Investment Bank and Stifel are the joint lead book-running managers for the offering, with Needham & Company and Goldman Sachs also involved as joint book-running managers [2] - A registration statement for these securities was filed with the U.S. Securities and Exchange Commission on February 26, 2024, and became effective upon filing [3] - The offering is being made only by means of a prospectus supplement and accompanying prospectus [3] Group 3 - SiTime Corporation specializes in precision timing solutions, offering semiconductor MEMS programmable solutions that enhance product performance, size, power efficiency, and reliability [5] - The company has shipped over 3.5 billion devices, indicating a significant impact on the timing industry [5]