WF International Prices $5.5M Offering at $1.10, a 74% Discount to Last Close
WXM sits 56% above its 52-week low of $2.6.
Summary
WF International priced a $5.5 million registered direct offering of 5 million shares at $1.10 per share, a 74% discount to the $4.17 closing price stated in the filing. The deal increases shares outstanding by 160% and follows two other discounted raises in the past month.
Key Events · Financing and Capital Events · WXM
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5M Shares Priced at $1.10
WF International agreed to sell 5,000,000 ordinary shares at $1.10 per share under a September 10, 2026 share purchase agreement, for gross proceeds of $5.5 million.
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160% Share Count Increase
Shares outstanding rise from 3,117,587 to 8,117,587 after the offering — a 160% increase that severely dilutes existing holders.
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Deep Discount to Market
The $1.10 offering price is a 74% discount to the $4.17 closing price on September 10, 2026, as stated in the filing.
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Third Discounted Raise in a Month
Follows the $167K August 2026 offering at $1.50 per share and the June 2026 PIPE, continuing a pattern of deeply discounted capital raises.
Analysis · WXM · Real Estate & Construction
WF International is selling 5 million shares at $1.10 each, raising about $5.4 million net. The price is a steep discount to the $4.17 closing price stated in the filing, and the share count jumps from 3.1 million to 8.1 million — a 160% increase. This is the company's third deeply discounted capital raise in under a month, following the $167K August offering at $1.50 and the June PIPE. The company reported a 73% revenue drop and a $2.5 million net loss for the six months ended March 31, 2026, so this cash is likely survival capital, but existing shareholders absorb severe dilution at a price far below recent trading levels.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 35.9% of the 1728 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.06%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WXM was trading at $4.05 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $13.1M. The 52-week trading range was $2.60 to $42.22. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.