APWC News & Events

Asia Pacific Wire & Cable announced the completion and final results of its rights offering, as described in the rights offering prospectus filed December 18, 2025 with the Securities and Exchange Commission. Of the 20,616,227 maximum issuable shares, shareholders exercising their basic and over-subscription rights acquired 18,165,738 Common Shares and the remaining 2,450,489 Common Shares unsubscribed were placed prior to the Rights Offering's expiration on February 20, 2026, generating gross proceeds of $34.2 million. Following the issuance of the shares acquired in the Rights Offering, APWC has issued 41,243,554 Common Shares, with 41,232,454 Common Shares outstanding and 11,100 Common Shares held in Treasury. The sale of the Remainder Shares marked 100% target completion of the maximum shares issuable in the Rights Offering, all at the price of $1.66 per share.

Asia Pacific Wire & Cable Corporation announced the conclusion of the subscription period for APWC's shareholders to exercise basic and over-subscription rights for the issuance of 20,616,227 Common Shares as described in the rights offering prospectus filed December 18, 2025 with the U.S. Securities and Exchange Commission. During the Subscription Period, which started December 18, 2025 and ended January 23, 2026, a total of 18,165,738 Rights for the subscription of 20,616,227 Rights Shares were exercised, representing approximately 88.11% of the offered Rights Shares for gross proceeds of approximately $30.2M. The remaining 2,450,489 Rights Shares which were not subscribed for, or for which subscription failed during the Subscription Period, representing approximately 11.89% of the offered Rights Shares, will be offered by APWC for sale to eligible investors at a price no less than the Rights Offering's subscription price, in accordance with applicable securities laws. The Remainder Offering will commence immediately and continue until the close of business on February 20. The Remainder Offering will not delay issuance of the Rights Shares subscribed for during the Subscription Period.

Asia Pacific Wire & Cable Corporation announced the commencement of its rights offering previously reported on August 29, 2025. In the rights offering, the Company will distribute, at no charge to its shareholders, non-transferable subscription rights to purchase additional common shares of the Company at the subscription price of $1.66 per common share. The subscription rights will be issued to its holders of record as of 5:00 p.m., Eastern Standard Time December 11, 2025, the record date for the rights offering, at a ratio of one subscription right per common share. The rights offering includes a basic subscription right, and an over-subscription right, which allows each rights holder that exercises its basic subscription rights in full, the option to purchase additional common shares that remain unsubscribed at the expiration of the rights offering. The over-subscription right is subject to the availability of shares and pro rata allocation among holders exercising their over-subscription right. The purpose of the rights offering is to raise equity capital in a cost-effective manner, which allows all Company shareholders the opportunity to participate on a pro rata basis. If the rights offering is fully subscribed, the Company expects to receive net proceeds of approximately $33.9M to be used for general working capital and corporate purposes, as discussed in the Prospectus.

Reports Q3 revenue $128.4M vs. $122.2M last year. "In Q3 2025 we achieved revenue growth in an environment where businesses continue to face uncertainty," commented Yuan Chun Tang, Chairman and CEO of APWC. "Our revenues from public sector projects proved to be a dependable source of income, derived from contracts that can be awarded as much as 2 to 3 years before project commencement. We remain cautious, however, as an uncertain macroeconomic outlook and pricing pressure from increased competition persist."