I know for sure that you can get phillips side go lower by bending little tab inside handle or just breaking it like in picture ( upper normal Wave and other is my modded Wave)
Otherside isnt so easy cause profile of awl prevents pliers go any deeper even if you cut that tab ( i have tried in both handles and same result) only way to make pliers and handle close properly is modding awl profile and if you want to close it like normal wave maybe also profiling phillips needed to vlose fully.
Difference with our mods i didnt keep scissors but instead microbit driver.
As you can see my wave dont close fully but its so small gap that i really dont care it even if it wont close properly causd i really do t wanna reprofile awl ( awful lot work for reprofiling it, cause need to make it by hand and not with tooös cause heat treat might go wrong)
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