Singapore, Dec. 17, 2024 — Webuy Global Ltd. (Nasdaq: WBUY), a Southeast Asian e-commerce retailer specializing in groceries and travel, completed a registered direct offering of 21,013,239 Class A ordinary shares (or equivalents) to institutional investors. The shares were sold at $0.1756 each, generating approximately $3.7 million in gross proceeds before fees and expenses. Pre-funded warrants were priced at $0.1755, net of a $0.0001 exercise price.

D. Boral Capital LLC acted as the placement agent. Ortoli Rosenstadt LLP and Hunter Taubman Fischer & Li LLC served as legal counsel to Webuy and D. Boral Capital, respectively.

The offering was made under the Company’s effective Form F-3 registration statement (File No. 333-283356) filed with the SEC on December 3, 2024, and its accompanying prospectus. A prospectus supplement detailing the offering terms was also filed.

Prospectus supplements and prospectuses are available on the SEC website, from D. Boral Capital LLC (590 Madison Avenue, 39th Floor, New York, NY 10022; syndicate@dboralcapital.com; +1 (212) 970-5150).

This announcement does not constitute an offer to sell or a solicitation of an offer to buy securities where prohibited by law.

About Webuy Global Ltd
Webuy Global Ltd. (Nasdaq: WBUY) is a technology company aiming to be a leading Southeast Asian e-commerce and travel platform. Utilizing AI, Webuy enhances its group-buying model with personalized recommendations and seamless community engagement. Its AI-powered travel solutions offer personalized itineraries and group travel planning. Webuy strives to provide affordable products and travel experiences to Southeast Asian families.

Forward-Looking Statements
This release contains forward-looking statements reflecting current expectations, not guarantees of future performance. Risks and uncertainties are detailed in the Company’s SEC filings. These statements are current as of today, and the Company is not obligated to update them unless legally required.

CONTACT: Webuy Global Ltd. 
Email: ir@webuy.global

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