Webuy Global SEC Filings

WeBuy Global Ltd (WBUY) announced board and executive changes. Mr. Heng Wee Koon resigned as an independent director effective September 25, 2025. The Board appointed Amanda Guo Jie as an independent director and chair of the audit committee effective October 22, 2025; she will receive annual compensation of SGD30,000.

On leadership, Catherine Phang Ai Lian resigned as Chief Financial Officer effective October 23, 2025 and was appointed Chief Operating Officer. Youyi Zhang was appointed Chief Financial Officer effective October 23, 2025. Under new employment agreements, annual compensation is $92,400 for Mr. Zhang and $83,300 for Ms. Phang.

Ms. Guo brings nearly two decades of audit, IFRS, and listed-company finance experience from Deloitte & Touche LLP and SGX Mainboard issuers. Mr. Zhang has over 15 years in finance, audit, and governance across construction and listed-company environments, including roles supporting IPO processes and group finance oversight.

WeBuy Global Ltd. received a Schedule 13G/A disclosing that Lind Global entities and Jeff Easton collectively report beneficial ownership of 284 Class A ordinary shares of the company (CUSIP G9513S102). The filing shows the reporting persons have sole voting and sole dispositive power over those 284 shares and that the amount represents 0% of the class, putting the position clearly below a 5% ownership threshold.

The statement identifies the reporting persons as Lind Global Fund II LP, its general partner Lind Global Partners II LLC, and Jeff Easton (managing member). The document lists the reporting persons' principal business address and affirms the holdings were not acquired to change or influence control of the issuer. This is a routine beneficial ownership disclosure for a small, non-controlling stake.

WEBUY GLOBAL LTD (Nasdaq: WBUY) has filed Post-Effective Amendment No. 1 to its previously effective Form F-1, converting the document into a preliminary prospectus for a best-efforts follow-on raise of up to US$10 million in Class A ordinary shares and/or pre-funded warrants. The securities will be priced at the time of sale; financial disclosures assume an illustrative price of $5.63 per share, equal to the 27 June 2025 close.

Capital structure. The company is authorised to issue 2.17 billion shares (2.17 billion Class A and 416,666 Class B). Prior to the offering there are only 1,045,336 Class A shares outstanding plus 178,296 Class B shares; if the entire offering is sold and all pre-funded warrants are exercised, outstanding Class A shares will rise to 2,821,535, increasing the public float by c. 170% and producing meaningful dilution. Class B shares carry 10 votes per share and are not entitled to dividends, entrenching founder control.

Use of proceeds. Net proceeds are estimated at $9.1 million (after 6.5 % placement commission and expenses) and are earmarked 40 % for further development of the AI travel-assistant platform, 40 % for R&D of AI-integrated travel hardware, and 20 % for general working capital.

Offering mechanics. • Best-efforts—no minimum raise and no underwriter purchase commitment. • D. Boral Capital LLC acts as exclusive placement agent. • 90-day lock-up on the company, insiders and ≥10 % holders. • Pre-funded warrants are exercisable at $0.0001 and limited to 4.99 % (optionally 9.99 %) ownership.

Recent corporate activity. • Completed US IPO in Oct-2023 (gross $17.48 m) and several follow-on financings in 2024, including a registered direct ($3.7 m) and self-underwritten sale ($2.9 m). • Undertook two share consolidations (1-for-40 and 1-for-3) and regained Nasdaq compliance after a January 2025 delisting notice. • Launched the Micky 1.0 AI travel assistant (Dec-2024) and expanded O2O franchise model.

Key risks highlighted. Persistent operating losses and negative cash flow; highly dilutive dual-class capital; reliance on group-buy leaders; competitive e-commerce and travel sectors; best-efforts structure may leave company under-funded; potential future Nasdaq compliance issues.

The amendment emphasises that no securities have yet been sold under the original registration statement and that only the assumed price has changed; all registration fees were previously paid.

Webuy Global Ltd (WBUY) filed a Form 6-K for June 2025 disclosing an Exhibit 99.1 titled “Webuy Global Ltd Integrates Coinbase to Accept Stablecoin Payments – Leading the Way in Travel Technology and Digital Payments.”

The filing signals that the Singapore-based e-commerce and travel-technology firm has formally added Coinbase-supported stablecoin settlement to its payment options. No financial metrics, transaction values, or earnings data were provided in the document; the 6-K serves primarily as a notice of the new payment integration. The report was signed by CEO Bin Xue on 30 June 2025.

Webuy Global Ltd (WBUY) has filed a Form 6-K reporting two significant developments in June 2025. First, the company has been recognized as one of Asia-Pacific's fastest-growing companies by the Financial Times, highlighting its strong market performance in the region.

Second, and notably more strategic, Webuy has entered into a landmark agreement with CTG MICE Service Company Limited, a subsidiary of China Tourism Group. This partnership is specifically aimed at enhancing inbound tourism to China, potentially opening new revenue streams and market opportunities.

The filing was signed by CEO Bin Xue at the company's Singapore headquarters. Webuy Global confirms it will continue to file annual reports under Form 20-F, indicating its status as a foreign private issuer listed on U.S. exchanges.

• Key exhibits include the Financial Times recognition announcement (#99.1)
• Strategic partnership agreement with CTG MICE Service Company Limited (#99.2)