MWG · Multi Ways Holdings Limited

Summary

Multi Ways Holdings Limited announced a 1-for-10 reverse split of its Class A and Class B ordinary shares, effective February 23, 2026, to increase the market price per share and maintain its NYSE American listing. The reverse split was approved by shareholders on November 26, 2025, and will result in approximately 4,142,000 Class A and 1,000,000 Class B ordinary shares outstanding post-split.

Key takeaways

• Reverse share split ratio is 1-for-10 for both Class A and Class B ordinary shares.
• Effective date for trading on a post-split basis is February 23, 2026.
• Post-split expected outstanding shares: approximately 4,142,000 Class A and 1,000,000 Class B ordinary shares.
• Par value increases proportionally from US$0.00025 to US$0.0025 per share.
• Authorized share capital adjusted to US$2,500,000 with specified share class allocations.
• Shareholder approval obtained at extraordinary meeting held on November 26, 2025.