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WF International Limited - WXM STOCK NEWS

Welcome to our dedicated page for WF International news (Ticker: WXM), a resource for investors and traders seeking the latest updates and insights on WF International stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WF International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WF International's position in the market.

Rhea-AI Summary

WF International (NASDAQ: WXM), a company specializing in HVAC systems, floor heating, and water purification solutions, has successfully completed its Initial Public Offering (IPO). The company offered 1,400,000 ordinary shares at $4.00 per share, raising total gross proceeds of $5.6 million before deducting underwriting costs and expenses.

Trading of WXM shares commenced on the Nasdaq Capital Market on April 1, 2025. The underwriters, The Benchmark Company and Axiom Capital Management, have a 30-day option to purchase an additional 210,000 shares at the offering price, representing 15% of the sold shares.

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Rhea-AI Summary

WF International , a provider of integrated electromechanical solutions specializing in HVAC, floor heating, and water purification systems, has announced the pricing of its Initial Public Offering (IPO). The company is offering 1,400,000 ordinary shares at $4.00 per share, expecting to raise gross proceeds of $5.6 million before deducting underwriting costs.

The company's shares will begin trading on the Nasdaq Capital Market on April 1, 2025, under the ticker symbol 'WXM'. Underwriters have a 45-day option to purchase up to 210,000 additional shares. The Benchmark Company and Axiom Capital Management are serving as joint book-running managers for the offering, which is expected to close on April 2, 2025.

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FAQ

What is the current stock price of WF International (WXM)?

The current stock price of WF International (WXM) is $2.08 as of April 3, 2025.

What is the market cap of WF International (WXM)?

The market cap of WF International (WXM) is approximately 17.1M.
WF International Limited

Nasdaq:WXM

WXM Rankings

WXM Stock Data

17.06M
1.40M