UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-42597
Webull Corporation
200 Carillon Parkway
St. Petersburg, Florida 33716
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40- F.
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS REPORT ON FORM
6-K
On April 7, 2026, Webull Corporation (the “Company”)
issued a press release announcing the termination of the standby equity purchase agreement (the “Purchase Agreement”) it entered
into with YA II PN, Ltd. (“Yorkville”) on July 1, 2025. A copy of the press release is attached hereto as Exhibits 99.1.
The Company delivered to Yorkville a notice of
termination for the Purchase Agreement on April 1, 2026, which became effective on April 6, 2026. At the time of the termination, there
were no outstanding advance notices, no shares to be issued, and no amounts owed by either party under the Purchase Agreement.
This Report on Form 6-K (this “Report”),
including all exhibits hereto, is incorporated by reference into the Company’s registration statement on Form S-8 (File No. 333-289886)
and shall be a part of such registration statement from the date on which this Report is furnished, to the extent not superseded by documents
or reports subsequently filed or furnished.
EXHIBIT INDEX
| Exhibit No. |
|
Description of Exhibits |
| 99.1 |
|
Press Release dated April
7, 2026 |
Forward-Looking Statements
This Report includes “forward-looking statements”
within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact contained in this Report, the Exhibits thereto or other statements of the Company
made in connection therewith, including, for instance, statements as to business strategy and plans, future results of operations and
financial position, planned products and services, objectives of management for future operations or strategies of the Company, market
size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these
forward-looking statements can be identified by the use of forward-looking words, including “anticipate,” “expect,”
“suggests,” “plan,” “believe,” “predict,” “potential,” “seek,”
“future,” “propose,” “continue,” “intend,” “estimates,” “targets,”
“projects,” “should,” “could,” “would,” “may,” “will,” “forecast”
or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such
terminology.
All forward-looking statements are based upon
current estimates and forecasts and reflect the reasonable views, assumptions, expectations, and opinions of the Company and its management
as of the date of this Report, and are therefore subject to a number of factors, risks and uncertainties, some of which are not currently
known to the Company and its management and could cause actual results to differ materially from those expressed or implied by such forward-looking
statements. Some of these factors include, but are not limited to: (1) the ability of the Company to grow and manage growth profitably,
maintain relationships and deepen engagement with users, customers and suppliers, and retain its management and key employees; (2) the
reliance of key functions of the Company’s business on third-parties and the risk that the Company’s platform and systems
rely on software and applications that are highly technical and may contain undetected errors that could result in unexpected network
interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated with the Company’s global operations
and continued global expansion, including, but not limited to, the risks related to complex or constantly evolving political or regulatory
environments that may result in substantial costs or require adverse changes to the Company’s business practices; (4) the Company’s
estimates of expenses and costs, of profitability or of other operational and financial metrics as well as the Company’s expectations
regarding demand for and market acceptance of its products and service; (5) the Company’s reliance on trading related income, including
payment for order flow (“PFOF”), and the risk of new regulation or bans on PFOF and similar practices; (6) the Company’s
exposure to fluctuations in interest rates, rapidly changing interest rate environments, volatile prices of securities and digital assets
and their respective trading volumes; (7) the Company’s reliance on a limited number of market makers and liquidity providers to
generate a large portion of its revenues, and the negative impact of the loss of any of those market makers or liquidity providers; (8)
the effects of competition in the Company’s industry and the Company’s need to constantly innovate and invest in new markets,
products, technologies or services to retain, attract and deepen engagement with users; (9) changes in international trade policies and
trade disputes that could result in tariffs, taxes or other protectionist measures adversely affecting our business; (10) risks related
to general political, economic and business conditions globally and in jurisdictions where the Company operates; (11) risk of further
actions taken by various government bodies in the United States that have made the Company the subject of inquiries and investigations
relating to concerns about our connections to China; (12) the risk that the failure to protect customer data and privacy or to prevent
security breaches relating to the Company’s platform could result in economic loss, damage to its reputation, deter customers from
using its products and services, and expose it to legal penalties and liability; (13) the risks associated with incorporating artificial
intelligence technologies into certain of our products and processes, including potential regulatory, operational, reputational, or compliance
challenges; (14) risks related to the Company’s need as a regulated financial services company to develop and maintain effective
compliance and risk management infrastructures as well as to maintain capital levels required by regulators and self-regulatory organizations;
(15) the ability to meet, or continue to meet, stock exchange listing standards; (16) the possibility of adverse developments in pending
or new litigation and regulatory investigations; (17) risks relating to our offering of event contracts or prediction market products
in the United States, including potential changes in regulatory interpretations or enforcement priorities; (18) risks related to significant
disruptions in the cryptocurrency market that negatively impacts user engagement with cryptocurrency trading on our platform; (19) political,
regulatory or economic changes that affect cryptocurrencies, including changes in the governance of a cryptocurrency; (20) risks related
to the offer and resale of our securities, such as dilution from the issuance of additional Class A ordinary shares upon the exercise
of warrants, and increased volatility, or significant declines, in the price of our securities based on increased trading activity and
the perception that sales of our securities may occur; and (21) other risks and uncertainties that are more fully described in filings
made, or to be made, by the Company with the U.S. Securities and Exchange Commission (the “SEC”), including in the sections
entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s filings
with the SEC, such as the Company’s Annual Report on Form 20-F, as amended, filed with the SEC on April 25, 2025. The foregoing
list of factors is not exhaustive. Reported results should not be considered an indication of future performance. There may be additional
risks that the Company and its management presently do not know about or that the Company and its management currently believe are immaterial
that could also cause actual results to differ materially from those contained in the forward-looking statements. In light of these factors,
risks and uncertainties, the forward-looking events and circumstances discussed in this Report may not occur, and any estimates, assumptions,
expectations, forecasts, views or opinions set forth in this Report should be regarded as preliminary and for illustrative purposes only
and accordingly, undue reliance should not be placed upon the forward-looking statements. The Company assumes no obligation and does
not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise,
except as required by law.
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| |
WEBULL CORPORATION |
| |
|
|
| Date: April 7, 2026 |
By: |
/s/ Anquan Wang |
| |
Name: |
Anquan Wang |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
Webull Announces Termination of Standby Equity
Purchase Agreement
ST. PETERSBURG, FL., April 7, 2026 /PRNewswire/ – Webull Corporation (NASDAQ:
BULL) (“Webull” or the “Company”) today announced that it has terminated the standby equity purchase agreement
(the “SEPA”) it entered into with YA II PN, Ltd. (“Yorkville”) on July 1, 2025.
The Company delivered to Yorkville a notice of termination for the
SEPA on April 1, 2026, which became effective on April 6, 2026. At the time of the termination, there were no outstanding advance notices,
no shares to be issued, and no amounts owed by either party under the SEPA.
While the SEPA allowed Webull to issue up to $1.0 billion in Class
A Ordinary Shares, Webull only issued and sold to Yorkville 11,500,000 Webull Class A Ordinary Shares, raising proceeds of $173.2 million
in connection with such sales. Webull has not issued any shares pursuant to the SEPA since September 2025.
About Webull Corporation
Webull Corporation (NASDAQ: BULL) owns and operates Webull, a
leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull
offers investment services in 14 markets across North America, Asia Pacific, Europe, Africa, and Latin America. Webull
serves more than 26 million registered users globally, providing retail 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. You may also access certain information on Webull and its securities on the website of the U.S.
Securities and Exchange Commission (the “SEC”) at http://www.sec.gov, where Webull will, among others, be filing reports,
such as Reports on Form 6-K and its Annual Report on Form 20-F.
Contacts
For Investors
ir@webullcorp.com
For Media
5W Public Relations
Nicholas Koulermos
Webull@5wpr.com
(212) 999-5585
Cautionary Note Regarding Forward-Looking Statements
This press release includes “forward-looking statements”
within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact contained in this press release or other statements of the Company made in connection
herewith, including, for instance, statements as to business strategy and plans, future results of operations and financial position,
planned products and services, objectives of management for future operations or strategies of the Company, market size and growth opportunities,
competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can
be identified by the use of forward-looking words, including “anticipate,” “expect,” “suggests,” “plan,”
“believe,” “predict,” “potential,” “seek,” “future,” “propose,”
“continue,” “intend,” “estimates,” “targets,” “projects,” “should,”
“could,” “would,” “may,” “will,” “forecast” or the negatives of these terms
or variations of them or similar terminology although not all forward-looking statements contain such terminology.
All forward-looking statements are based upon current estimates and
forecasts and reflect the reasonable views, assumptions, expectations, and opinions of the Company and its management as of the date of
this press release, and are therefore subject to a number of factors, risks and uncertainties, some of which are not currently known to
the Company and its management and could cause actual results to differ materially from those expressed or implied by such forward-looking
statements. Some of these factors include, but are not limited to: (1) the ability of the Company to grow and manage growth profitably,
maintain relationships and deepen engagement with users, customers and suppliers, and retain its management and key employees; (2) the
reliance of key functions of the Company’s business on third-parties and the risk that the Company’s platform and systems
rely on software and applications that are highly technical and may contain undetected errors that could result in unexpected network
interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated with the Company’s global operations
and continued global expansion, including, but not limited to, the risks related to complex or constantly evolving political or regulatory
environments that may result in substantial costs or require adverse changes to the Company’s business practices; (4) the Company’s
estimates of expenses and costs, of profitability or of other operational and financial metrics as well as the Company’s expectations
regarding demand for and market acceptance of its products and service; (5) the Company’s reliance on trading related income, including
payment for order flow (“PFOF”), and the risk of new regulation or bans on PFOF and similar practices; (6) the Company’s
exposure to fluctuations in interest rates, rapidly changing interest rate environments, volatile prices of securities and digital assets
and their respective trading volumes; (7) the Company’s reliance on a limited number of market makers and liquidity providers to
generate a large portion of its revenues, and the negative impact of the loss of any of those market makers or liquidity providers; (8)
the effects of competition in the Company’s industry and the Company’s need to constantly innovate and invest in new markets,
products, technologies or services to retain, attract and deepen engagement with users; (9) changes in international trade policies and
trade disputes that could result in tariffs, taxes or other protectionist measures adversely affecting our business; (10) risks related
to general political, economic and business conditions globally and in jurisdictions where the Company operates; (11) risk of further
actions taken by various government bodies in the United States that have made the Company the subject of inquiries and investigations
relating to concerns about our connections to China; (12) the risk that the failure to protect customer data and privacy or to prevent
security breaches relating to the Company’s platform could result in economic loss, damage to its reputation, deter customers from
using its products and services, and expose it to legal penalties and liability; (13) the risks associated with incorporating artificial
intelligence technologies into certain of our products and processes, including potential regulatory, operational, reputational, or compliance
challenges; (14) risks related to the Company’s need as a regulated financial services company to develop and maintain effective
compliance and risk management infrastructures as well as to maintain capital levels required by regulators and self-regulatory organizations;
(15) the ability to meet, or continue to meet, stock exchange listing standards; (16) the possibility of adverse developments in pending
or new litigation and regulatory investigations; (17) risks relating to our offering of event contracts or prediction market products
in the United States, including potential changes in regulatory interpretations or enforcement priorities; (18) risks related to significant
disruptions in the cryptocurrency market that negatively impacts user engagement with cryptocurrency trading on our platform; (19) political,
regulatory or economic changes that affect cryptocurrencies, including changes in the governance of a cryptocurrency; (20) risks related
to the offer and resale of our securities, such as dilution from the issuance of additional Class A ordinary shares upon the exercise
of warrants, and increased volatility, or significant declines, in the price of our securities based on increased trading activity and
the perception that sales of our securities may occur; and (21) other risks and uncertainties that are more fully described in filings
made, or to be made, by the Company with the SEC, including in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in the Company’s filings with the SEC, such as the Company’s Annual Report
on Form 20-F, as amended, filed with the SEC on April 25, 2025. The foregoing list of factors is not exhaustive. Reported results should
not be considered an indication of future performance. There may be additional risks that the Company and its management presently do
not know about or that the Company and its management currently believe are immaterial that could also cause actual results to differ
materially from those contained in the forward-looking statements. In light of these factors, risks and uncertainties, the forward-looking
events and circumstances discussed in this press release may not occur, and any estimates, assumptions, expectations, forecasts, views
or opinions set forth in this press release should be regarded as preliminary and for illustrative purposes only and accordingly, undue
reliance should not be placed upon the forward-looking statements. The Company assumes no obligation and does not intend to update or
revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
