Nasdaq warns Webuy Global (Nasdaq: WBUY) over minimum equity rule breach

Rhea-AI Filing Summary

WEBUY GLOBAL LTD reported that Nasdaq has notified the company it is not in compliance with the requirement to maintain at least $2,500,000 in stockholders’ equity for continued listing on The Nasdaq Capital Market. Based on its unaudited financial statements for the six months ended June 30, 2025, the company reported stockholders’ equity of $364,584 as of June 30, 2025, and it also does not meet Nasdaq’s alternative tests for market value of listed securities or net income from continuing operations.

The company’s Class A ordinary shares continue to trade on The Nasdaq Capital Market under the symbol WBUY, and the notice has no immediate effect on its listing status or operations. Webuy has until February 19, 2026 to submit a plan to regain compliance, and if Nasdaq accepts the plan, it may grant up to 180 calendar days from receipt of the notice for the company to demonstrate compliance. Webuy is evaluating measures to regain and sustain compliance but cautions there is no assurance its plan will be accepted or that it will meet all continued listing requirements.

Positive

• None.

Negative

• Nasdaq minimum equity non-compliance: Webuy reported stockholders’ equity of $364,584 as of June 30, 2025, far below the $2,500,000 required by Nasdaq Listing Rule 5550(b)(1), and also fails the alternative market value and net income tests, creating a clear risk to its continued Nasdaq listing.

Insights

Equity & Listing Standards Analyst

Nasdaq equity non-compliance creates real delisting risk for Webuy.

WEBUY GLOBAL LTD is currently below Nasdaq’s minimum stockholders’ equity requirement of $2,500,000, with reported equity of only $364,584 as of June 30, 2025. The company also does not qualify under Nasdaq’s alternative tests for market value of listed securities or net income, so it is fully out of compliance with Listing Rule 5550(b)(1).

Nasdaq has given Webuy 45 calendar days, until February 19, 2026, to submit a plan to regain compliance, and may allow up to 180 days from the January 5, 2026 notice for the company to evidence compliance if the plan is accepted. During this period, the shares continue to trade on The Nasdaq Capital Market, and day-to-day business operations are stated to be unaffected by the notice.

The key uncertainty is whether Webuy can both raise its stockholders’ equity to the required level and sustain it under all continued listing standards. The company indicates it is evaluating a range of corporate and capital measures and intends to submit a plan, but explicitly warns there can be no assurance of Nasdaq’s acceptance or of successful, lasting compliance. Subsequent disclosures will show what specific actions it pursues and whether Nasdaq grants any extension.

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 January 2026

Commission File Number: 001-41840

WEBUY GLOBAL LTD

35 Tampines Street 92

Singapore 528880

+65 8859 9762

(Address, including zip code, and telephone number, including area code, of Registrant’s 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 ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

On January 5, 2026, WEBUY GLOBAL LTD (the “Company”) received a notice from the staff of the Nasdaq Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that it is not in compliance with the minimum of $2,500,000 in stockholders’ equity for continued listing of the Company’s class A ordinary shares of a par value of US$0.0000462 each (the “Class A Ordinary Shares”) on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Minimum Stockholders’ Equity Rule”) (the “Notification Letter”).

The Minimum Stockholders’ Equity Rule requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. However, based on the Company’s Form 6-K filed on October 29, 2025, in which the Company filed its unaudited condensed interim consolidated financial statements for the six months ended June 30, 2025, the Company reported stockholders’ equity of $364,584 as of June 30, 2025, and the Company does not meet the alternatives of market value of listed securities or net income from continuing operations as of January 5, 2026, and is thus non-compliant with the Minimum Stockholders’ Equity Rule.

The Company’s Class A Ordinary Shares continue to trade on The Nasdaq Capital Market under the symbol “WBUY,” and the Company’s business operations are not affected by receipt of the Notification Letter. The Notification Letter has no immediate effect on the Company’s listing status. In accordance with the Nasdaq Listing Rules, the Company has 45 calendar days, or until February 19, 2026, to submit a plan to regain and sustain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from receipt of the Notification Letter to evidence compliance.

The Company is evaluating a range of measures to regain and sustain compliance, consistent with the Nasdaq Listing Rules and in the ordinary course of its corporate and capital planning activities, and intends to take all measures available to the Company to maintain its continued listing on The Nasdaq Capital Market. The Company intends to submit the compliance plan by the February 19, 2026, due date. There can be no assurance that the Company’s plan will be accepted, or that the Company will be able to regain and sustain compliance with the Minimum Stockholders’ Equity Rule and all other continued listing requirements.

On January 9, 2026, the Company issued a press release entitled “WEBUY GLOBAL LTD Receives Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency.” A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.

This Current Report on Form 6-K is incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File Nos. 333-287585, 333-283356) and Form S-8 (File No. 333-292570), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

1

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release – WEBUY GLOBAL LTD Receives Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency, dated January 9, 2026

2

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: January 9, 2026	By:	/s/ Bin Xue
	Name:	Bin Xue
	Title:	Chief Executive Officer

3

Exhibit 99.1

WEBUY GLOBAL LTD Receives Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency

Singapore, January 9, 2026 – WEBUY GLOBAL LTD (Nasdaq: WBUY) (the “Company” or “Webuy”) today announced that the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that it is not in compliance with the minimum of $2,500,000 in stockholders’ equity for continued listing of the Company’s class A ordinary shares of a par value of US$0.0000462 each (the “Class A Ordinary Shares”) on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Minimum Stockholders’ Equity Rule”) (the “Notification Letter”).

The Minimum Stockholders’ Equity Rule requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. However, based on the Company’s Form 6-K filed on October 29, 2025, where the Company filed its unaudited condensed interim consolidated financial statements for the six months ended June 30, 2025, the Company reported stockholders’ equity of $364,584 as of June 30, 2025, and the Company does not meet the alternatives of market value of listed securities or net income from continuing operations as of January 5, 2026, and is thus non-compliant with the Minimum Stockholders’ Equity Rule.

The Company’s Class A Ordinary Shares continue to trade on The Nasdaq Capital Market under the symbol “WBUY,” and the Company’s business operations are not affected by receipt of the Notification Letter. The Notification Letter has no immediate effect on the Company’s listing status. In accordance with the Nasdaq Listing Rules, the Company has 45 calendar days, or until February 19, 2026, to submit a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from receipt of the Notification Letter to evidence compliance.

The Company is evaluating a range of measures to regain and sustain compliance, consistent with the Nasdaq Listing Rules and in the ordinary course of its corporate and capital planning activities, and intends to maintain its continued listing on The Nasdaq Capital Market. The Company intends to submit the compliance plan by the February 19, 2026, due date. There can be no assurance that the Company’s plan will be accepted, or that the Company will be able to regain and sustain compliance with the Minimum Stockholders’ Equity Rule and all other applicable continued listing requirements.

About WEBUY GLOBAL LTD

WEBUY GLOBAL LTD (Nasdaq: WBUY) is a technology-driven platform transforming social commerce and travel services across Southeast Asia. The Company provides curated travel experiences, cross-border tour services, and region-wide travel solutions for customers in Indonesia, Singapore, and international markets. Webuy is focused on building an integrated travel ecosystem powered by innovation, service quality, and regional partnerships.

For more information, visit www.webuy.global.

Forward-Looking Statements

This press release contains forward-looking statements involving risks and uncertainties, including statements relating to the Company’s future business plans, growth expectations, expansion strategy, and the anticipated impact of the divestment. Actual results may differ materially due to market conditions, operational execution, regulatory developments, and other factors. The Company undertakes no obligation to revise forward-looking statements except as required by law.

Investor & Media Contact

WEBUY GLOBAL LTD
Email: ir@webuy.global

FAQ

Why did WEBUY GLOBAL LTD (WBUY) receive a Nasdaq notification?

WEBUY GLOBAL LTD received a Nasdaq notification because it is not in compliance with the $2,500,000 minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market under Listing Rule 5550(b)(1).

What was Webuy Global’s reported stockholders’ equity that triggered the issue?

In its unaudited condensed interim consolidated financial statements for the six months ended June 30, 2025, Webuy Global reported stockholders’ equity of $364,584 as of June 30, 2025, which is below Nasdaq’s $2,500,000 minimum.

Are WBUY shares still trading on Nasdaq after this equity deficiency notice?

Yes. The company states its Class A ordinary shares continue to trade on The Nasdaq Capital Market under the symbol WBUY, and the notification has no immediate effect on listing status or business operations.

How long does WEBUY GLOBAL LTD have to regain Nasdaq compliance?

Webuy Global has 45 calendar days, until February 19, 2026, to submit a plan to regain compliance. If Nasdaq accepts the plan, it may grant up to 180 days from receipt of the notification to evidence compliance.

What actions is Webuy Global considering to address the Nasdaq equity deficiency?

The company says it is evaluating a range of measures to regain and sustain compliance, consistent with Nasdaq rules and its corporate and capital planning, and intends to submit a compliance plan by the February 19, 2026 deadline.

Is there any guarantee that Webuy Global will remain listed on Nasdaq?

No. Webuy Global explicitly cautions there can be no assurance that its plan will be accepted or that it will be able to regain and sustain compliance with the minimum stockholders’ equity rule and all other continued listing requirements.

Does the Nasdaq notification affect Webuy Global’s business operations?

The company states that receipt of the notification does not affect its business operations and has no immediate effect on its listing status, although ongoing non-compliance could ultimately impact its Nasdaq listing.