Webuy Global Ltd. (Nasdaq: WBUY) has announced a follow-on offering involving the sale of 721,918 Class A ordinary shares and 100,000 pre-funded warrants to certain institutional investors. The Class A ordinary shares are priced at $3.65 each, while the pre-funded warrants are priced at $3.6499. The offering, conducted on a best-efforts basis, is expected to close around August 1, 2025, pending customary closing conditions. D. Boral Capital LLC is serving as the exclusive placement agent for the offering. Legal counsel for the company is provided by Ortoli Rosenstatdt LLP, and Hunter Taubman Fischer & Li LLC is representing the placement agent.
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