Webuy Global Settles PTWB Debts with Share Issuance

Webuy Global ( (WBUY) ) just unveiled an announcement.

On May 15, 2025, Webuy Global Ltd decided to settle accounts payable of PT Webuy Social Indonesia, amounting to approximately US$1.15 million, by issuing 164,612 Class A ordinary shares to designated individuals representing the creditors. The shares, valued at US$6.984 each, were issued on May 19, 2025, as part of debt settlement and mutual release agreements. Additionally, on May 22, 2025, Webuy entered into a registration rights agreement to register these shares for resale with the SEC. This move is expected to enhance the company’s financial stability and strengthen its market position by resolving outstanding debts and potentially improving stakeholder confidence.

Spark’s Take on WBUY Stock

According to Spark, TipRanks’ AI Analyst, WBUY is a Neutral.

Webuy Global’s score reflects significant financial challenges, primarily due to operational inefficiencies, high leverage, and negative cash flow. Despite technical indicators suggesting positive short-term momentum, the company’s weak earnings and lack of dividends weigh down the valuation. Overall, financial instability is a key risk, offsetting technical strengths.

To see Spark’s full report on WBUY stock, click here.

More about Webuy Global

Webuy Global Ltd is a company operating primarily in the social commerce industry, with a significant market presence in Southeast Asia. Its primary services involve facilitating online transactions and social interactions through its platforms. The company holds a 95% equity interest in PT Webuy Social Indonesia, a subsidiary that plays a crucial role in its regional operations.

Average Trading Volume: 591,778

Technical Sentiment Signal: Strong Buy

Current Market Cap: $128.3M

Learn more about WBUY stock on TipRanks’ Stock Analysis page.