APWC Completes Rights Offering, Raising $34.2 Million

APWC
February 26, 2026

APWC completed its rights offering on February 26 2026, raising $34.2 million by selling 20,616,227 shares at $1.66 each. The offering was fully subscribed, with the subscription period ending on January 23 2026 and the remainder shares placed on February 20 2026.

The offering comprised 18,165,738 shares purchased by existing shareholders exercising their rights and an additional 2,450,489 remainder shares. After the transaction, APWC’s total shares issued were 41,243,554, with 41,232,454 shares outstanding and 11,100 shares held in treasury.

Proceeds from the rights offering will be used to expand manufacturing capacity in Southeast Asia, enter the North American market, and acquire key products and technologies. CEO C.T. Yuan said the rights offering gives shareholders a chance to participate in these growth initiatives.

The issuance increases the total share count, potentially diluting existing shareholders, but the full subscription indicates confidence in the company’s strategy. The rights offering is a significant capital‑raising milestone that positions APWC to capitalize on trade agreements and supply chain shifts.

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