WEBUY GLOBAL LTD Announces Closing of Follow-on Offering

Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD (NASDAQ:WBUY) ("Webuy" or the "Company"), a technology-driven company transforming community e-commerce and travel across Southeast Asia, today announced the closing of its offering of 721,918 Class A ordinary shares and pre-funded warrants to purchase up to 100,000 Class A ordinary shares to certain institutional investors. 

The gross proceeds to the Company, before deducting placement agent fees and other offering expenses, were approximately $3 million.

D. Boral Capital LLC acted as the exclusive placement agent for the Offering. Ortoli Rosenstatdt LLP acted as counsel to the Company and Hunter Taubman Fischer & Li LLC acted as counsel to the placement agent.

The securities described above are being offered pursuant to an effective registration statement on Form F-1 (File No. 333-288310) previously filed with the U.S. Securities and Exchange Commission ("SEC") and declared effective on June 27, 2025. The Company filed a post-effective amendment No.1, a post-effective amendment No.2, and a post-effective amendment No.3 to the registration statement on July 1, July 14, and July 16, 2025, respectively. The post-effective amendment No.3 was declared effective by the SEC ...