- Multi Ways Holdings Limited will hold an Annual General Meeting on **November 26, 2025**, to address several proposals, notably a **share consolidation** (reverse stock split) with a ratio between **1-for-2 and 1-for-50**, aimed at maintaining its NYSE American listing after its share price fell below the **$1.00 bid price requirement**.  **[1941500_0001493152-25-019760_ex99-1.htm:0]** **[1941500_0001493152-25-019760_ex99-1.htm:14]** **[1941500_0001493152-25-019760_ex99-1.htm:15]** 
- The company also proposes a **redesignation and reclassification of share capital** to establish a **multi-class share structure**, introducing **Class A Ordinary Shares** (1 vote per share) and **Class B Ordinary Shares** (50 votes per share), with **MWE Investments Limited** slated to receive all **10,000,000 Class B Ordinary Shares**.  **[1941500_0001493152-25-019760_ex99-1.htm:1]** **[1941500_0001493152-25-019760_ex99-1.htm:14]** **[1941500_0001493152-25-019760_ex99-1.htm:79]** 
- Further proposals include amending the **2024 Equity Incentive Plan** to authorize an additional **4,700,000 Ordinary Shares** for issuance, adopting a **staggered board** structure, and approving the sale of a **4.4% equity interest** in Blissful Link Investments Limited to CEO Mr. Lim Eng Hock for **US$2,200,000**, to be offset against a director's loan.  **[1941500_0001493152-25-019760_ex99-1.htm:0]** **[1941500_0001493152-25-019760_ex99-1.htm:7]** **[1941500_0001493152-25-019760_ex99-1.htm:12]** **[1941500_0001493152-25-019760_ex99-1.htm:17]**

Multi Ways Holdings Limited to Vote on Share Consolidation, Multi-Class Share Structure, and Equity Plan Expansion

- Multi Ways Holdings Limited (MWG) announced the closing of the **second tranche** of its registered direct offering on **September 26, 2025**.  **[1941500_0001493152-25-015737_ex99-1.htm:0]** **[1941500_0001493152-25-015737_form6-k.htm:1]** 
- The offering involved **9,000,000 ordinary shares** and warrants to purchase up to **9,000,000 ordinary shares**.  **[1941500_0001493152-25-015737_ex99-1.htm:0]** **[1941500_0001493152-25-015737_form6-k.htm:1]** 
- The securities were priced at **$0.165** per ordinary share and accompanying warrant.  **[1941500_0001493152-25-015737_ex99-1.htm:0]** **[1941500_0001493152-25-015737_form6-k.htm:1]** 
- This second tranche generated aggregate gross proceeds of **$1,485,000** for the company.  **[1941500_0001493152-25-015737_ex99-1.htm:0]** **[1941500_0001493152-25-015737_form6-k.htm:1]** 
- The warrants are exercisable at **$0.198** per share for a period of **five years**, and the net proceeds will be used for **working capital and general corporate purposes**.  **[1941500_0001493152-25-015737_ex99-1.htm:0]** **[1941500_0001493152-25-015737_form6-k.htm:1]**

Multi Ways Holdings Announces Closing of Second Tranche of Registered Direct Offering

- Multi Ways Holdings Limited announced the pricing of a registered direct offering on **September 12, 2025**, and its closing on **September 15, 2025**.  **[1941500_0001493152-25-013513_ex99-1.htm:0]** **[1941500_0001493152-25-013513_ex99-2.htm:0]** 
- The offering involved **9,000,000 ordinary shares** and warrants to purchase up to **9,000,000 ordinary shares**.  **[1941500_0001493152-25-013513_ex99-1.htm:0]** **[1941500_0001493152-25-013513_ex99-2.htm:0]** 
- The securities were priced at **$0.165 per ordinary share and accompanying warrant**, generating **gross proceeds of $1,485,000**.  **[1941500_0001493152-25-013513_ex99-1.htm:0]** **[1941500_0001493152-25-013513_ex99-2.htm:0]** 
- Each warrant is exercisable at **$0.198 per share** for **five years** following issuance.  **[1941500_0001493152-25-013513_ex99-1.htm:0]** **[1941500_0001493152-25-013513_ex99-2.htm:0]** 
- The company intends to use the net proceeds for **working capital and general corporate purposes**.  **[1941500_0001493152-25-013513_ex99-1.htm:0]** **[1941500_0001493152-25-013513_ex99-2.htm:0]**

Multi Ways Holdings (MWG)