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Webuy Global CEO buys 138,370 Class B shares

The newly issued Class B shares represent approximately 14.7% of WEBUY GLOBAL LTD’s aggregate voting power.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

WEBUY GLOBAL LTD completed a share subscription with Bin Xue on October 22, 2026, under which he purchased 138,370 Class B ordinary shares from the company at US$0.68 per share, the closing price of the company’s Class A ordinary shares on October 21, 2026. The shares were issued on or about October 23, 2026, and represent approximately 14.7% of the aggregate voting power of the issued and outstanding ordinary shares.

As of the report date, Bin Xue, identified as the company’s Chief Executive Officer, beneficially owned 300,000 Class A ordinary shares and 416,666 Class B ordinary shares, representing 47.4% of aggregate voting power.

Class B shares purchased 138,370 shares Under the share subscription completed October 22, 2026
Price per share US$0.68 per share Equal to the closing price of Class A ordinary shares on October 21, 2026
Voting power represented by issued shares Approximately 14.7% The 138,370 Class B ordinary shares issued to Bin Xue
Class A shares beneficially owned 300,000 shares Bin Xue’s beneficial ownership as of the report date
Class B shares beneficially owned 416,666 shares Bin Xue’s beneficial ownership as of the report date
Aggregate voting power 47.4% Represented by Bin Xue’s beneficially owned shares as of the report date
share subscription financial
"consummated a share subscription with Bin Xue"
An agreement to buy newly issued shares of a company at a set price or within a set offering period, often through a formal subscription process or rights issue. It matters to investors because it brings new money into the business but also increases the total number of shares, which can reduce each existing holder’s ownership percentage and potentially change the stock’s value—like preordering more slices of a pie that makes each existing slice smaller.
Class B ordinary shares financial
"138,370 Class B ordinary shares"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
aggregate voting power financial
"14.7% of the aggregate voting power"
beneficial owner regulatory
"Bin Xue is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WBUY Class B shares did Bin Xue buy, and at what price?

Bin Xue purchased 138,370 Class B ordinary shares at US$0.68 per share under a share subscription completed on October 22, 2026. The company issued the shares on or about October 23, 2026.

What voting power do Bin Xue’s WBUY shares represent?

As of the report date, Bin Xue beneficially owned 300,000 Class A ordinary shares and 416,666 Class B ordinary shares, representing 47.4% of aggregate voting power. The newly issued Class B shares represent approximately 14.7% of aggregate voting power.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

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 October 2026

 

Commission File Number: 001-41840

 

WEBUY GLOBAL LTD

 

90 BRAS BASAH RD,B1-13

Esplanade MRT Station

SINGAPORE 1895626

+65 8859 9762

(Address of principal executive offices)

 

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 ☐

 

 

 

 

 

 

On October 22, 2026, WEBUY GLOBAL LTD (the “Company”), a Cayman Islands exempted company, consummated a share subscription (the “Share Subscription”) with Bin Xue. Under the terms of the Share Subscription, Bin Xue purchased 138,370 Class B ordinary shares from the Company at a consideration of US$0.68 per share, which is the closing price of the Company’s Class A ordinary shares on October 21, 2026. A copy of the Share Subscription letter is attached hereto as Exhibit 10.1.

 

On or about October 23, 2026, Bin Xue was issued 138,370 Class B ordinary shares of the Company, representing approximately 14.7% of the aggregate voting power of the issued and outstanding ordinary shares of the Company. As of the date of this report, Bin Xue is the beneficial owner of 300,000 Class A ordinary shares and 416,666 Class B ordinary shares, which represent 47.4% of the aggregate voting power of the issued and outstanding ordinary shares of the Company.

 

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SIGNATURES

 

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.

 

  WEBUY GLOBAL LTD
   
Date: October 23, 2026 By: /s/ Bin Xue
  Name:  Bin Xue
  Title: Chief Executive Officer

 

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Exhibit Index

 

Exhibit No.   Description
10.1   Share Subscription Letter, dated October 22, 2026

 

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Filing Exhibits & Attachments

1 document

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