WEBUY GLOBAL LTD Adopts 2024 Equity Incentive Plan
Ticker: WBUY · Form: 6-K · Filed: Dec 17, 2024 · CIK: 1946703
| Field | Detail |
|---|---|
| Company | Webuy Global Ltd (WBUY) |
| Form Type | 6-K |
| Filed Date | Dec 17, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-incentive-plan, stock-options, employee-retention
TL;DR
WEBUY GLOBAL LTD just dropped a new equity plan with 4.2M shares to keep its people motivated.
AI Summary
On December 16, 2024, WEBUY GLOBAL LTD adopted a 2024 equity incentive plan to motivate and retain directors, consultants, and key employees. The plan makes available a maximum of 4,200,000 Class A ordinary shares for issuance under all awards.
Why It Matters
This plan aims to align employee interests with shareholders by offering equity incentives, potentially boosting morale and retention.
Risk Assessment
Risk Level: low — The filing is a routine adoption of an equity incentive plan, which is a standard corporate action.
Key Numbers
- 4,200,000 — Class A ordinary shares (Maximum number of shares available for issuance under the 2024 equity incentive plan.)
Key Players & Entities
- WEBUY GLOBAL LTD (company) — Registrant
- 4,200,000 (dollar_amount) — Maximum shares available under the 2024 Plan
- December 16, 2024 (date) — Date of adoption of the 2024 Plan
FAQ
What is the purpose of the 2024 equity incentive plan?
The plan is designed to motivate, attract, and retain directors, consultants, or key employees by linking their personal interests to those of the Company's shareholders.
When was the 2024 equity incentive plan adopted?
The 2024 equity incentive plan was adopted on December 16, 2024.
What is the maximum number of shares available under the 2024 Plan?
The maximum number of Class A ordinary shares available for issuance pursuant to all awards under the 2024 Plan is 4,200,000.
Who is eligible to receive awards under the 2024 Plan?
Directors, consultants, or key employees of WEBUY GLOBAL LTD are eligible to receive awards under the 2024 Plan.
What type of shares are available for issuance under the plan?
Class A ordinary shares of WEBUY GLOBAL LTD are available for issuance under the 2024 Plan.
Filing Stats: 226 words · 1 min read · ~1 pages · Grade level 15.1 · Accepted 2024-12-17 06:04:27
Filing Documents
- ea0224732-6k_webuy.htm (6-K) — 13KB
- ea022473201ex10-1_webuy.htm (EX-10.1) — 143KB
- 0001213900-24-109490.txt ( ) — 157KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission File Number: 001-41840 WEBUY GLOBAL LTD 35 Tampines Street 92 Singapore 528880 +65 8859 9762 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F On December 16, 2024, WEBUY GLOBAL LTD (the “Company”) adopted a 2024 equity incentive plan (the “2024 Plan”) to motivate, attract and retain directors, consultants or key employees to exert their best efforts on behalf of the Company and link their personal interests to those of the Company’s shareholders. The 2024 Plan has a maximum number of 4,200,000 Class A ordinary shares of the Company available for issuance pursuant to all awards under the 2024 Plan. 1 EXHIBIT INDEX Exhibit No. Description 10.1 WEBUY GLOBAL LTD 2024 Equity Incentive Plan 2 SIGNATURE 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, thereunto duly authorized. WEBUY GLOBAL LTD Date: December 17, 2024 By: /s/ Bin Xue Name: Bin Xue Title: Chief Financial Officer 3