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 August 2025
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 August 25, 2025, Webull
Corporation (the “Company”) issued a press release announcing the launch of cryptocurrency trading in the U.S. A copy of the
press release is attached hereto as Exhibit 99.1.
This Report on Form 6-K (this
“Report”) and Exhibit 99.1 to this Report shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as otherwise expressly stated in
such future filing.
EXHIBIT INDEX
| Exhibit No. |
|
Description of Exhibits |
| 99.1 |
|
Press Release dated August 25, 2025. |
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 or other statements of the
Company are forward-looking statements, including the return of cryptocurrency trading for U.S. residents and the rollout of
cryptocurrency trading to additional markets over the coming months. 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) 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; (14) the ability to meet, or continue to meet, stock exchange listing standards; (15) the possibility
of adverse developments in pending or new litigation and regulatory investigations; (16) risks related to significant disruptions in
the cryptocurrency market that negatively impacts user engagement with cryptocurrency trading on our platform; (17) political,
regulatory or economic changes that affect cryptocurrencies, including changes in the governance of a cryptocurrency; and (18) 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. 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.
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WEBULL CORPORATION |
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| Date: August 25, 2025 |
By: |
/s/ Anquan Wang |
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Name: |
Anquan Wang |
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Title: |
Chief Executive Officer |
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