Webuy Global Ltd. (Nasdaq: WBUY), a technology-driven company focused on transforming community e-commerce and travel in Southeast Asia, has successfully closed a follow-on offering of 721,918 Class A ordinary shares and pre-funded warrants to purchase up to 100,000 Class A ordinary shares to select institutional investors. The offering generated gross proceeds of approximately $3 million for the company, prior to the deduction of placement agent fees and other expenses. D. Boral Capital LLC acted as the exclusive placement agent for this transaction. The company is committed to leveraging these funds to enhance its innovative group-buy model and its AI-driven travel services in the region.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webuy Global Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1061078) on August 14, 2025, and is solely responsible for the information contained therein.
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