WF International (WXM) Company Report

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Recent press releases and 8-K filings for WXM.

WF International Receives Nasdaq Minimum Bid Price Deficiency Notification

WXM

Delisting/Listing Issues

WF International Limited (NASDAQ: WXM) received a Nasdaq notification on December 24, 2025, for non-compliance with the minimum bid price requirement.
The non-compliance is due to the company's ordinary shares trading below $1.00 per share for 33 consecutive business days from November 6, 2025, to December 23, 2025.
The company has a 180-calendar-day compliance period until June 22, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.
This notification has no immediate effect on the listing of WXM shares, which will continue to trade on Nasdaq.
An additional 180-calendar-day grace period may be available if the company meets other listing standards and provides a plan to cure the deficiency, potentially including a reverse stock split.

Dec 30, 2025, 10:10 PM

WF International Secures Hisense HVAC Distribution Rights for China Market

WXM

New Projects/Investments

WF International (NASDAQ: WXM) has been awarded a one-year distribution qualification by Hisense Group for its HVAC division, effective November 13, 2025.
This partnership expands WF International's portfolio of smart climate solutions, enhancing its capabilities in delivering high-performance, low-carbon, and intelligent HVAC solutions.
This achievement follows WF International's recent appointment as an authorized distributor of Qingdao Hi-Sense Hitachi Air-Conditioning Systems Co., Ltd..
CEO Ke Chen stated that these partnerships position the company to meet diverse customer needs and enhance competitiveness, with the company already leveraging this for a proposal for a residential luxury project covering over 100 acres in Hainan.

Nov 13, 2025, 1:40 PM

WF International Announces Closing of Follow-on Public Offering

WXM

WF International Limited (WXM) closed its follow-on public offering on November 6, 2025, raising approximately $3.44 million in gross proceeds.
The offering consisted of 1,720,688 units priced at $2.00 per Unit, with each unit including one ordinary share and one warrant.
The exercise price for the Investor Warrants was subsequently adjusted from $2.00 to $0.75 per share on November 7, 2025.
The company intends to use the approximately $2.9 million in net proceeds for talent acquisition, general corporate, and working capital purposes.
Officers, directors, and holders of 10% or more of outstanding shares are subject to a six-month lock-up period following the offering's closing.

Nov 10, 2025, 10:25 PM

WF International Closes Follow-on Public Offering

WXM

WF International Limited (WXM) announced the closing of its follow-on public offering on November 6, 2025.
The offering consisted of 1,720,688 units at a public offering price of $2.00 per unit.
Each unit includes one ordinary share and one warrant to purchase an ordinary share, with warrants exercisable immediately at the public offering price and expiring five years from issuance.
The company received aggregate gross proceeds of approximately $3.44 million from the offering.
Net proceeds are intended for talent acquisition and general corporate and working capital purposes.

Nov 6, 2025, 9:00 PM

WF International Prices Follow-on Public Offering

WXM

New Projects/Investments

WF International (NASDAQ: WXM) announced the pricing of a follow-on public offering of 1,720,688 units at a public offering price of $2.00 per unit.
The offering is expected to generate approximately $3.44 million in aggregate gross proceeds.
Each unit consists of one ordinary share and one warrant to purchase one ordinary share, with warrants exercisable immediately at 100% of the public offering price and expiring five years from the date of issuance.
The company intends to use the net proceeds from this offering for talent acquisition and general corporate and working capital purposes.
The offering is expected to close on or about November 6, 2025.

Nov 5, 2025, 1:00 PM

WF International Ltd. Reports Significant Revenue Growth and Net Loss for Six Months Ended March 31, 2025, Following IPO

WXM

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

WF International Ltd. reported a 206.1% increase in revenue to $8.7 million for the six months ended March 31, 2025, compared to $2.9 million for the six months ended March 31, 2024, primarily due to a recovery in ongoing real estate projects.
Despite the revenue growth, the company incurred a net loss of approximately $0.4 million for the six months ended March 31, 2025, a shift from the net income of approximately $0.4 million in the corresponding period of 2024.
The gross profit margin decreased significantly from 28.9% to 5.6% for the six months ended March 31, 2025, attributed to factors such as project terminations, increased bidding competition, and higher labor costs.
Net cash used in operating activities was approximately $71,000 for the six months ended March 31, 2025, compared to net cash provided of approximately $0.4 million in the prior year.
Subsequent to the reporting period, on April 2, 2025, the company completed an initial public offering (IPO), selling 1,400,000 ordinary shares at $4.00 per share.

Sep 19, 2025, 9:00 PM

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