tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Webuy prices 721,918 shares at $3.65 in follow-on offering

WEBUY (WBUY) GLOBAL announced that certain institutional investors have agreed to purchase 721,918 Class A ordinary sharesand 100,000 pre-funded warrants in lieu thereof in a best-efforts offering. The purchase price of the Class A Ordinary Shares is $3.65 per share. The purchase price of the Pre-Funded Warrants in lieu thereof is $3.6499 per Pre-Funded Warrant. The Offering is expected to close on or about August 1, 2025, subject to the satisfaction of customary closing conditions. D. Boral Capital is acting as the exclusive placement agent for the Offering. Ortoli Rosenstatdt is acting as counsel to the Company and Hunter Taubman Fischer & Li is acting as counsel to the placement agent.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1