Sichenzia Ross Ference LLP Represents Spartan Capital Securities, LLC in $18.1 Million Initial Public Offering of Ordinary Shares of Multi Ways Holdings Limited

Press Release – New York, NY –April 6, 2023 – Sichenzia Ross Ference LLP announced today that it represented Spartan Capital Securities, LLC in an $18.1 million initial public offering of ordinary shares of Multi Ways Holdings Limited (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The initial public offering consisted of 6,040,000 ordinary shares issued and sold by Multi Ways and 1,200,000 ordinary shares by a selling shareholder.

Spartan Capital Securities, LLC acted as the book-running manager, with Pacific Century Securities, LLC as co-manager for the offering. 

The Sichenzia Ross Ference LLP team was led by partner Benjamin Tan.