BW Industrial Holdings, which provides facility construction services for energy, electronics, and other industries, filed on Wednesday with the SEC to raise up to $21 million in an initial public offering.
The company plans to raise $21 million by offering 2.6 million shares at $7 to $9. At the midpoint of the proposed range, BW Industrial Holdings would command a market cap of $176 million.
BW Industrial Holdings is an EPC company specializing in design, construction, and integration services for critical process systems across industries like automotive parts, energy storage, renewable energy, electronics, advanced manufacturing, and semiconductor fabrication, focusing on international companies looking to expand in the US. The company's current projects include a large semiconductor manufacturing facility in Phoenix, Arizona, and photovoltaic manufacturing facilities in Florida and Arizona. Additionally, BW Industrial Holdings is expanding into product development with modular water treatment systems, targeting commercial and governmental customers in North America, Central, and South America.
The Houston, TX-based company was founded in 2016 and booked $56 million in revenue for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol BWGC. BW Industrial Holdings filed confidentially on August 15, 2025. Eddid Securities and Futures is the sole bookrunner on the deal.
