Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities

Rhea-AI Summary

Webull Corporation (NASDAQ:BULL), via subsidiary Webull Thailand, signed an agreement to acquire Pi Securities, a Thai investment services firm with over 50 years of market experience.

The deal, valuing Pi Securities at about US$100 million, aims to expand Webull’s Thai presence and product ecosystem, subject to regulatory and shareholder approvals.

Positive

• Acquisition of Pi Securities valued at approximately US$100 million
• Strengthens Webull’s presence in Thailand’s capital markets
• Adds Pi Securities’ 50+ years of Thai market experience
• Combines Webull’s technology with Pi’s local expertise and client base
• Supports Webull’s expansion across the Southeast Asian financial ecosystem

Negative

• Transaction completion depends on regulatory and shareholder approvals
• Acquisition not yet closed, subject to customary closing conditions

News Market Reaction – BULL

-3.41%

17 alerts

-3.41% Session close to close

+2.7% Peak in 52 min

$3.82B Market Cap

0.7x Rel. Volume

In the Jun 30 session, BULL declined 3.41%, reflecting a moderate negative market reaction. Argus tracked a peak move of +2.7% during that session. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores Webull’s push into Thailand via a Pi Securities acquisition valued at ...

Analysis

This announcement underscores Webull’s push into Thailand via a Pi Securities acquisition valued at US$100 million. Prior news often saw weak price follow‑through, while low short interest and recent insider selling remain key risk markers to monitor.

Key Figures

Pi Securities valuation: US$100 million Operating history: more than 50 years

2 metrics

Pi Securities valuation US$100 million Implied equity value in share purchase agreement with CGH

Operating history more than 50 years Pi Securities’ experience in Thailand's capital markets

Historical Context

5 past events · Latest: Jun 23 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 23	Product expansion	Positive	-3.2%	Launch of private market SPV offering for accredited investors on Webull platform.
Jun 11	AI trading feature	Positive	+10.0%	Model Context Protocol enabling AI-driven plain-language trading access via Webull OpenAPI.
Jun 05	Product expansion	Positive	-8.2%	Launch of mutual funds for IRA accounts to broaden long-term investing tools.
May 21	Earnings report	Positive	-6.5%	Q1 2026 revenue growth and continued adjusted profitability alongside a GAAP net loss.
Apr 29	Earnings date	Neutral	-4.8%	Announcement of schedule for Q1 2026 results release and conference call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

BULL has often traded lower following generally positive business updates, with the recent AI launch a notable positive outlier.

Key Terms

share purchase agreement, capital markets, regulatory approvals, shareholder approvals

4 terms

share purchase agreement financial

"The acquisition will be carried out through a share purchase agreement signed between Webull Thailand's direct parent company and Country Group Holdings..."

A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.

capital markets financial

"a trusted investment services provider with more than 50 years of experience in Thailand's capital markets."

Capital markets are places where people and organizations buy and sell long-term investments like stocks and bonds. They help connect those who need money to grow or fund projects with investors looking to earn returns over time. For investors, capital markets are important because they offer opportunities to invest, save, and grow their wealth through a variety of financial assets.

regulatory approvals regulatory

"Completion remains subject to the satisfaction of customary closing conditions, including relevant regulatory approvals and shareholder approvals."

Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.

shareholder approvals regulatory

"Completion remains subject to the satisfaction of customary closing conditions, including relevant regulatory approvals and shareholder approvals."

Shareholder approvals are formal votes by a company’s owners to authorize significant actions such as mergers, changes to governance, major asset sales, or new stock issuances. Think of it like neighbors voting on a major renovation that will change the value or upkeep of a shared building; the outcome can alter future profits, control of the company, and the rights or dilution of existing investors, so results often move stock prices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BANGKOK, June 30, 2026 /PRNewswire/ -- Webull Securities (Thailand) Co., Ltd. ("Webull Thailand"), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, announced the signing of an agreement to acquire Pi Securities Public Company Limited ("Pi Securities"), a trusted investment services provider with more than 50 years of experience in Thailand's capital markets.

This acquisition reflects Webull's commitment to enhancing the digital investment experience for Thailand's new generation of investors as well as its commitment to scaling its footprint across the broader Southeast Asian financial ecosystem. It also demonstrates Webull's confidence in the potential of Thailand's financial and capital markets, as well as the value of Pi Securities, including its customer base, expertise in the Thai capital markets, investment product capabilities, and long-standing experience in serving Thai investors.

By merging Pi Securities' deep understanding of Thailand's capital markets with Webull's world-class digital investing platform, Webull expects to expand its offering of investment products and build a comprehensive ecosystem to meet the needs of Thailand's investors.

"We remain committed to prioritizing the care of clients and investment consultants across both Webull and Pi Securities. We are also fully dedicated to upholding and enhancing service standards throughout this transition," said Chonladet Khemarattana, Chief Executive Officer of Webull Thailand. "This investment will enable us to integrate Webull's strengths in technology, infrastructure, and platform development capabilities with Pi Securities' expertise in Thailand's capital markets, its investment product offerings, and its client service experience. Together, this will enhance our competitive capabilities and support sustainable long-term growth."

The acquisition will be carried out through a share purchase agreement signed between Webull Thailand's direct parent company and Country Group Holdings Public Company Limited ("CGH"), the controlling shareholder of Pi Securities, under which Webull will purchase all of the shares held by CGH at a price that values Pi Securities at approximately US$100 million. Completion remains subject to the satisfaction of customary closing conditions, including relevant regulatory approvals and shareholder approvals. Disclosure of the acquisition was submitted to the Stock Exchange of Thailand (SET) on 29 June 2026 in accordance with relevant rules and regulations.

About Webull Thailand

Webull Securities (Thailand) Co., Ltd. is a leading financial services provider, licensed to conduct securities business by the Ministry of Finance and regulated by the Securities and Exchange Commission Thailand (SEC). The company is also the 9^th member of the Stock Exchange of Thailand (SET). Webull Thailand provides Thai investors with seamless access to investment opportunities across the U.S., Thai, Hong Kong, and China A-Share markets, including stocks, ETFs, and options, through a secure and intuitive digital investment platform. The company is committed to delivering innovative investment solutions while upholding the highest standards of service, technology, and security for Thai investors. Learn more at www.webull.co.th.

About Webull Corporation

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure and AI technologies. Through its global network of licensed brokerages, Webull offers investment services in 16 markets across North America, Asia Pacific, Europe, Africa, and Latin America. Webull serves more than 27 million registered users globally, providing retail and institutional investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.

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SOURCE Webull Securities (Thailand) Co., Ltd.

FAQ

What did Webull (NASDAQ:BULL) announce about acquiring Pi Securities in Thailand on June 30, 2026?

Webull announced an agreement for its subsidiary to acquire Pi Securities, a long-established Thai investment services provider. According to Webull, this move is intended to strengthen its digital investing presence and broaden offerings for investors in Thailand’s capital markets.

How much is Pi Securities valued at in the Webull (BULL) acquisition?

Pi Securities is valued at approximately US$100 million in the transaction. According to Webull, the share purchase agreement covers all Pi Securities shares held by Country Group Holdings, its controlling shareholder, reflecting confidence in Pi’s client base and Thai market expertise.

Why is Webull (NASDAQ:BULL) acquiring Pi Securities in Thailand?

Webull is acquiring Pi Securities to enhance its digital investment experience and expand in Thailand. According to Webull, combining its technology platform with Pi’s local market knowledge and investment products is expected to build a more comprehensive ecosystem for Thai investors.

What does the Pi Securities acquisition mean for Webull (BULL) investors in Southeast Asia?

The acquisition is intended to scale Webull’s footprint across Southeast Asia’s financial ecosystem. According to Webull, integrating Pi Securities’ Thai market expertise and client service with Webull’s technology should support competitive capabilities and potentially underpin sustainable long-term regional growth.

What approvals are required to complete Webull’s (BULL) acquisition of Pi Securities?

Completion of the acquisition still requires regulatory and shareholder approvals, along with customary closing conditions. According to Webull, the share purchase agreement will close only after these conditions are satisfied, following disclosure already submitted to the Stock Exchange of Thailand.

How will Webull and Pi Securities services be affected by the acquisition?

Webull indicates it will prioritize client care and maintain service standards across both firms. According to Webull, integrating its technology and infrastructure with Pi Securities’ investment offerings aims to enhance product range and overall service quality for Thai investors.