Webuy Global (WBUY) Prices 21.01M Share Offering at $0.1756/sh
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Webuy Global Ltd. Announces Pricing of $3.7 Million Registered Direct Offering
December 16, 2024 3:55 PM ESTSingapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (Webuy or the Company), a Southeast Asian community e-commerce innovator, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately 21,013,239 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share.
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.7 million, before deducting the placement agents fees and other estimated offering... More
