WF Holding, a Malaysia-based producer of fiberglass reinforced plastic, raised $8 million by offering 2 million shares at $4, the low end of the range of $4 to $6.
The company produces fiberglass reinforced plastic (FRP) products to various industries, such as chemical processing, water and wastewater treatment, and power generation. The company's products include filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom made products. WF Holding also offers installation and maintenance services for its products.
WF Holding plans to list on the Nasdaq under the symbol WFF. Dominari Securities and Revere Securities acted as joint bookrunners on the deal.
