Every 424B that Webull (BULL) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BULL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BULL filings page.
Webull Corporation registers for resale up to 147,445,012 Webull Class A Ordinary Shares, up to 6,792,000 Webull Private Warrants, and up to 20,000,000 Webull Incentive Warrants pursuant to registration rights granted in connection with its Business Combination.
The prospectus covers resale by selling securityholders and issuance of up to 17,271,990 Class A shares underlying Webull Warrants exercisable at $11.50, and up to 20,913,089 Class A shares underlying Incentive Warrants. The filing states proceeds received to date from warrant exercises of approximately $213.8 million in aggregate and discloses that Webull will not receive proceeds from secondary sales by the selling securityholders.
Webull Corporation files Prospectus Supplement No. 2 registering up to 75,159,236 Webull Class A Ordinary Shares for resale.
The supplement incorporates a Form 6-K dated March 4, 2026 that includes a press release and investor presentation reporting full‑year 2025 revenue of $570,996,806 (rounded in the press release to $571 million) and net deposits of $8.6 billion. The supplement updates the prior Prospectus and remains subject to the Registration Statement and its terms.
Webull Corporation filed a prospectus supplement registering up to 147,445,012 Class A ordinary shares for resale by selling securityholders, and separately registering up to 17,271,990 Class A ordinary shares issuable upon exercise of outstanding warrants exercisable at $11.50 per share (subject to adjustment). This supplement incorporates a Form 6-K reporting fourth-quarter and full-year 2025 results.
The company reported $571.0 million in revenue for 2025 and $8.6 billion in net deposits. Financials show positive adjusted operating profit metrics and growth in funded accounts and customer assets, alongside GAAP-level items that produced a large net loss attributable to ordinary shareholders in 2025.
Webull Corporation filed a prospectus supplement tied to its Form F-1 registration, covering the offer and sale of up to 75,159,236 Class A ordinary shares under a standby equity purchase agreement and related commitment shares. The supplement incorporates a new Form 6-K reporting strong third quarter 2025 results.
For the quarter ended September 30, 2025, total revenues rose 55% year over year to $156.9 million, while net income attributable to the company was $36.9 million, compared with a loss a year earlier. Adjusted operating profit reached $36.8 million, versus an adjusted operating loss of $5.4 million in the prior-year quarter, as adjusted operating expenses grew 13% to $120.2 million, well below revenue growth.
Customer assets climbed to $21.2 billion, up 84% year over year, supported by $5.9 billion of net deposits over the last twelve months and the Webull Pay acquisition. Trading activity was robust, with equity notional volume of $204 billion (up 71%) and 147 million options contracts (up 24%), helping drive higher trading-related and interest-related income while maintaining profitability.
Webull Corporation updates its F-1 prospectus supplement covering up to 147,445,012 Webull Class A ordinary shares and reports strong results for the quarter ended September 30, 2025. Total revenues reached $156.9 million, up 55% year over year, driven by higher equity and options order flow rebates, interest-related income and handling charges. The company generated net income attributable to the company of $36.9 million, compared with a loss a year earlier, and non-GAAP adjusted operating profit of $36.8 million with a 23.4% margin.
Adjusted operating expenses were $120.2 million, up 13% year over year as higher brokerage, transaction and compensation costs were partly offset by lower marketing spend. Customer assets rose to $21.2 billion, an 84% increase year over year, supported by a broad market recovery and strong net deposits. Equity notional trading volume grew 71% to $204 billion, and options contracts volume increased 24% to 147 million. Total assets were $3.49 billion, with total equity of $999.1 million, marking a shift from a shareholders’ deficit at December 31, 2024.