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Webuy Global gets Nasdaq warning on $1 minimum bid

Webuy Global faces a Nasdaq minimum bid price deficiency and has until March 15, 2027, with potential extension, to restore compliance or risk delisting.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

WEBUY GLOBAL LTD (WBUY) reports that Nasdaq has notified the company its Class A ordinary shares failed to meet the US$1.00 minimum bid price requirement for 30 consecutive business days, triggering a deficiency under Nasdaq Listing Rule 5550(a)(2).

The shares continue trading on the Nasdaq Capital Market, and Webuy has 180 calendar days, until March 15, 2027, to regain compliance by having a closing bid of at least US$1.00 for at least ten consecutive business days, or longer if Nasdaq so requires. The company may implement a reverse stock split and could receive an additional 180-day period if it meets other listing standards and notifies Nasdaq of its plans to cure the deficiency. If Webuy cannot regain compliance, or if the share price falls to US$0.10 or less for ten consecutive trading days, the shares may become subject to delisting, though the company would have appeal rights.

Positive

  • None.

Negative

  • Nasdaq has notified Webuy of a minimum bid price deficiency, creating a risk that its shares could be delisted if compliance is not regained within the allowed periods or if the price falls to US$0.10 or less for ten consecutive trading days.

Filing Explained

Nasdaq may require up to 20 qualifying bid-price days, and any reverse split must be completed 10 business days before March 15, 2027.

The filing places Webuy Global within the initial compliance period for its Nasdaq minimum-bid-price deficiency, rather than reporting that the issue has been resolved. Nasdaq may require a closing bid of at least $1.00 for more than 10 consecutive business days, generally no more than 20, before confirming compliance.

If Webuy uses a reverse stock split to address the deficiency, it must complete the split no later than 10 business days before March 15, 2027 to qualify for compliance during the initial period.

Minimum bid price requirement US$1.00 per share Nasdaq Listing Rule 5550(a)(2) threshold for Class A ordinary shares
Deficiency measurement period 30 consecutive business days Closing bid price below US$1.00 from July 31, 2026 to September 11, 2026
Initial compliance period length 180 calendar days Time allowed to regain minimum bid price compliance, ending March 15, 2027
Additional compliance period 180 calendar days Possible second period if other Nasdaq standards are met and cure plan is provided
Minimum days of compliant bid price 10 consecutive business days Required period with closing bid at or above US$1.00 to regain compliance
Delisting trigger low price US$0.10 per share Closing bid at or below this level for ten consecutive trading days prompts delisting determination
Reverse split timing requirement 10 business days before March 15, 2027 Latest date to complete a reverse stock split to regain compliance in initial period
Minimum Bid Price Rule regulatory
"does not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"
A minimum bid price rule is a stock market requirement that a listed company's share must trade above a set minimum price over a specified period to remain listed on an exchange. It matters to investors because falling below that threshold can trigger warnings, potential delisting, and reduced liquidity—similar to a student needing a passing grade to stay enrolled—making the shares harder to buy, sell, or value accurately.
Nasdaq Capital Market market
"the Class A Ordinary Shares will continue to trade on the Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
reverse stock split financial
"If the Company chooses to implement a reverse stock split, it must complete the split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
market value of publicly held shares market
"required to meet the continued listing requirement for market value of publicly held shares"
The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.
Nasdaq Hearings Panel regulatory
"may appeal the delisting determination to a Nasdaq Hearings Panel"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

FAQ

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

What Nasdaq notice did WEBUY GLOBAL LTD (WBUY) receive?

Webuy received a Nasdaq notice that its Class A ordinary shares failed to meet the US$1.00 minimum bid price for 30 consecutive business days, from July 31, 2026 to September 11, 2026, resulting in a deficiency under Nasdaq Listing Rule 5550(a)(2).

How long does WBUY have to regain Nasdaq minimum bid price compliance?

Webuy has 180 calendar days, until March 15, 2027, to regain compliance by maintaining a closing bid of at least US$1.00 per share for at least ten consecutive business days, subject to Nasdaq’s discretion to require up to twenty consecutive days.

Can WEBUY GLOBAL LTD (WBUY) get more time beyond March 15, 2027?

Yes. Webuy may receive an additional 180-day compliance period if it meets all other initial Nasdaq Capital Market listing standards, including market value of publicly held shares, and gives written notice of its intention to cure the deficiency, potentially via a reverse stock split.

Is WBUY at risk of immediate delisting from Nasdaq?

No. The notification has no immediate effect on the listing, and the shares continue to trade on the Nasdaq Capital Market under “WBUY.” Delisting risk arises if compliance is not regained within the allowed periods or tighter price triggers are met.

What happens if WBUY’s share price falls to US$0.10 or less?

If during any compliance period the closing bid price of Webuy’s Class A ordinary shares is US$0.10 or less for ten consecutive trading days, Nasdaq will issue a delisting determination for the shares, though Webuy may appeal to a Nasdaq Hearings Panel.

What actions might WEBUY GLOBAL LTD (WBUY) take to regain compliance?

Webuy states it is evaluating all reasonable measures to regain compliance. The disclosures note that a reverse stock split is one possible step and must be completed at least ten business days before March 15, 2027 to restore compliance within the initial period.

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

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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 September 2026

 

Commission File Number: 001-41840

 

WEBUY GLOBAL LTD

 

35 Tampines Street 92

Singapore 528880

+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

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Initial Bid Price Deficiency Notice

 

On September 14, 2026 (the “Notification Date”), WEBUY GLOBAL LTD (the “Company”) received a letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price for its Class A ordinary shares, par value $0.0000462 per share (“Class A Ordinary Shares”), was below $1.00 per share for 30 consecutive business days, from July 31, 2026 to September 11, 2026, and that the Company therefore did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Notification Letter does not result in the immediate delisting of the Company’s Class A Ordinary Shares, and the Class A Ordinary Shares will continue to trade on the Nasdaq Capital Market under the symbol “WBUY.”

 

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until March 15, 2027 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s Class A Ordinary Shares is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. Nasdaq may, in its discretion, require the closing bid price to be at least $1.00 for a period in excess of ten (10) consecutive business days, but generally no more than twenty (20) consecutive business days, before determining that the Company has demonstrated an ability to maintain long-term compliance. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten (10) business days prior to March 15, 2027 in order to regain compliance during the Compliance Period.

 

In the event the Company does not regain compliance by March 15, 2027, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Minimum Bid Price Rule, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Class A Ordinary Shares will be subject to delisting, at which time the Company may appeal the delisting determination to a Nasdaq Hearings Panel. In addition, if during any compliance period the closing bid price of the Class A Ordinary Shares is $0.10 or less for ten consecutive trading days, Nasdaq will issue a delisting determination with respect to the Class A Ordinary Shares.

 

The Company intends to take all reasonable measures to regain compliance with the Minimum Bid Price Rule. However, there can be no assurance that the Company will be able to maintain compliance with the Minimum Bid Price Rule or maintain compliance with the Nasdaq Capital Market's other continued listing requirements.

 

On September 18, 2026, the Company issued a press release announcing its receipt of the Notification Letter. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

 

 1

 

 

EXHIBIT INDEX

 

Exhibit
No.
  Description
99.1   Press Release – Webuy Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency, dated September 18, 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: September 18, 2026 By: /s/ Bin Xue
  Name: Bin Xue
  Title: Chief Executive Officer

 

 3

 

Exhibit 99.1

 

Webuy Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

 

Singapore – September 18, 2026 - Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a technology-driven platform transforming travel services and social commerce across Southeast Asia, today announced that on September 14, 2026, it received a letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price of the Company's Class A ordinary shares, par value US$0.0000462 per share (“Class A Ordinary Shares”), was below US$1.00 per share for 30 consecutive business days, from July 31, 2026, to September 11, 2026, and that the Company therefore does not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”).

 

This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Notification Letter has no immediate effect on the listing of the Company’s Class A Ordinary Shares, which will continue to trade uninterrupted on Nasdaq under the ticker “WBUY”.

 

Under Nasdaq Listing Rule 5810(c)(3)(A), Webuy has 180 calendar days, or until March 15, 2027, to regain compliance. If at any time during this period the closing bid price of the Class A Ordinary Shares is at least US$1.00 per share for a minimum of ten (10) consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed.

 

If the Company does not regain compliance within the initial 180-day period, Webuy may be eligible for an additional 180 calendar days to regain compliance, provided that it otherwise meets the continued listing requirements for market value of publicly-held shares and all other initial listing standards for The Nasdaq Capital Market under Nasdaq Listing Rule 5505, except for the Minimum Bid Price Rule, and provides a written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If Webuy chooses to implement a reverse stock split, it must complete the split no later than ten (10) business days prior to March 15, 2027 in order to regain compliance during the initial compliance period. If it appears to Nasdaq that Webuy will not be able to cure the deficiency, or if Webuy is otherwise not eligible, Nasdaq will provide notice that the Class A Ordinary Shares will be subject to delisting, at which time Webuy may appeal the delisting determination to a Nasdaq Hearings Panel.

 

The Company is actively monitoring the situation and evaluating all reasonable measures available to regain compliance with the Minimum Bid Price Rule within the applicable compliance period. However, there can be no assurance that Webuy will be able to regain compliance with the Minimum Bid Price Rule or maintain compliance with Nasdaq's other continued listing requirements.

  

 

 

About WEBUY GLOBAL LTD (Nasdaq: WBUY)

 

Webuy is a technology-driven platform transforming travel services and social commerce across Southeast Asia. The Company provides curated leisure travel experiences, cross-border tour services, premium travel offerings, customized travel solutions, and region-wide travel services for customers in Indonesia, Singapore, and international markets. Webuy is focused on building an integrated travel ecosystem powered by AI, service excellence, and strong regional partnerships. For more information, visit www.webuy.global.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025 and other reports it files with the U.S. Securities and Exchange Commission (the “Commission”) before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequently occurring events or circumstances, or changes in its expectations, except as may be required by law.

 

Investor & Media Contact

 

WEBUY GLOBAL LTD
Email: ir@webuy.global

 

 

Filing Exhibits & Attachments

1 document

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