Webuy Global Ltd. Completes $3.7 Million Registered Direct Stock Offering “`

December 18, 2024 by No Comments

Singapore, Dec. 16, 2024 — Webuy Global Ltd. (Nasdaq: WBUY), a Southeast Asian e-commerce innovator, announced a registered direct offering of roughly 21,013,239 Class A ordinary shares (or equivalents) to institutional investors at $0.1756 per share.

The Company anticipates gross proceeds of approximately $3.7 million, less placement agent fees and other expenses. The offering is slated to close around December 17, 2024, pending customary closing conditions.

D. Boral Capital LLC serves as the exclusive placement agent.

This offering is made under the Company’s effective Form F-3 shelf registration statement (File No. 333-283356) filed with the Securities and Exchange Commission (SEC) on December 3, 2024.

The offering is available only via a prospectus supplement and accompanying prospectus, filed with the SEC before closing.

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

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be illegal.

About Webuy Global Ltd
Webuy Global Ltd. (Nasdaq: WBUY) aims to be Southeast Asia’s leading e-commerce and travel platform. Using AI, the Company enhances its group-buying model with personalized recommendations, demand analytics, and community features. Webuy also offers AI-powered travel solutions, including an AI Travel Consultant for personalized itineraries and group travel planning. This streamlines the supply chain, enhances the shopping experience, and simplifies travel planning. Webuy is dedicated to providing affordable products, services, and travel to Southeast Asian families. For more information, visit .

Forward-Looking Statements
This release includes forward-looking statements reflecting the Company’s current expectations. These are not guarantees and are subject to risks and uncertainties detailed in the Company’s SEC filings. Forward-looking statements are current as of today, and the Company has no obligation to update them unless legally required.

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