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Shengfeng Development Files $500 Million Mixed Shelf
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Shengfeng Development Files $500 Million Mixed Shelf
Oct 24, 2025 2:04 PM

04:31 PM EDT, 10/24/2025 (MT Newswires) -- Shengfeng Development ( SFWL ) has filed a mixed shelf registration statement for the potential sale of up to $500 million of its securities from time to time, according to a Friday filing.

The filing covers the sale of the company's Class A shares, debt securities, warrants, rights, and units.

The company said it plans to use net proceeds from the sale of securities for purposes which may include general corporate purposes, asset purchases, debt repayment, and strategic deals.

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