Webuy Global Settles $614,000 Debt With Share Issuance to Xue Guo Dong

Reuters
11/29
<a href="https://laohu8.com/S/WBUY">Webuy Global</a> Settles $614,000 Debt With Share Issuance to Xue Guo Dong

Webuy Global Ltd. has announced the settlement of accounts payable totaling approximately US$614,430.06 incurred by its 95%-owned subsidiary, PT Webuy Social Indonesia. The company resolved the debt by issuing 391,357 Class A ordinary shares, valued at US$1.57 per share, to Xue Guo Dong, the designated recipient for the creditors. This share issuance represents 20.96% of Webuy Global Ltd.'s outstanding shares, bringing the total shares issued and outstanding to 2,258,611. The transaction was formalized through debt settlement and mutual release agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webuy Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-115939), on November 28, 2025, and is solely responsible for the information contained therein.

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