WeBuy Global Ltd Files Public Offering of Shares
Ticker: WBUY · Form: 6-K · Filed: May 22, 2024 · CIK: 1946703
| Field | Detail |
|---|---|
| Company | Webuy Global Ltd (WBUY) |
| Form Type | 6-K |
| Filed Date | May 22, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.000000385, $0.29, $370,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: public-offering, shares, filing
TL;DR
WeBuy Global Ltd is offering up to 10M shares, filing 6-K on 5/16.
AI Summary
On April 30, 2024, Webuy Global Ltd registered a self-underwritten public offering of up to 10,000,000 Class A Ordinary Shares. The filing, dated May 16, 2024, was made as a Form 6-K with the SEC.
Why It Matters
This filing indicates WeBuy Global Ltd is seeking to raise capital through a public offering, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Public offerings can introduce dilution and market volatility, impacting existing shareholders.
Key Numbers
- 10,000,000 — Class A Ordinary Shares (Maximum number of shares to be offered in the public offering.)
Key Players & Entities
- WEBUY GLOBAL LTD (company) — Registrant
- 10,000,000 Class A Ordinary Shares (dollar_amount) — Shares offered in public offering
- April 30, 2024 (date) — Date of offering registration
- May 16, 2024 (date) — Date of report
- Cogency Global Inc. (company) — Agent for service
FAQ
What is the purpose of the public offering?
The filing does not specify the exact purpose of the offering, but it is a self-underwritten public offering of up to 10,000,000 Class A Ordinary Shares.
When was the offering registered?
The offering was registered on April 30, 2024.
What type of shares are being offered?
Class A Ordinary Shares are being offered.
What is the filing date of this report?
The report is dated May 16, 2024.
Who is the agent for service for Webuy Global Ltd in New York?
Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY 10168, is the agent for service.
Filing Stats: 325 words · 1 min read · ~1 pages · Grade level 12.6 · Accepted 2024-05-22 16:15:19
Key Financial Figures
- $0.000000385 — ldquo;Class A Shares”), par value $0.000000385 per share pursuant to a registration st
- $0.29 — ing. The Class A Shares were priced at $0.29 per share. The Company raised a total o
- $370,000 — er share. The Company raised a total of $370,000 through this closing, before deducting
Filing Documents
- ea0205297-6k_webuy.htm (6-K) — 10KB
- 0001213900-24-045905.txt ( ) — 11KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEBUY GLOBAL LTD. Date: May 22, 2024 By: /s/ Bin Xue Name: Bin Xue Title: CEO 2