Cash Position
The company is burning cash at a quarterly rate of 1.71 M, with estimated current cash of 1.60 M.
Commentary on Financial Condition
WeBuy Global Ltd has experienced significant operating losses and negative cash flow, raising substantial doubt about its ability to continue as a going concern without additional financing. Management plans to improve liquidity through future fundraising activities, including private placements or public offerings. The company is actively seeking to raise capital to support its business expansion and working capital needs. ---(FOREIGN COMPANY)---2024-04-15
Former Symbols
Nasdaq Compliance
Date
Deficiency
Market
Status
Notes
Previous Splits
Date
Split
4/10/2025
120 to 1
Shelf
Title | Raisable Amt | Offering Amt | Amt Sold Last 12 Mos | Float | 60 Day High | Price to Exceed Baby Shelf | Float Value | Exp Date | Effective date | |
|---|---|---|---|---|---|---|---|---|---|---|
November 2024 SHELF | $314,586.00 | $100.00 M | 3690000 | 1.06 M | 11.32 | 70.67 | 12.01 M | 12/4/2027 | 12/4/2024 |
Warrants
Title | Registered | Remaining Warrants | Ex Price | Cost Basis | Total Warrants | Owners | Bank | Price Protection | Details | Exercisable Date | Expiration Date | Filed Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
December 2024 - Pre-Funded Warrants | Registered | - | - | 21.2 | 130,377 | - | D. Boral Capital LLC | - | - | Dec 17, 2024 |
Convertibles
Title | Registered | Shares Remaining | Cv Price | $ Amt Remaining | Total $ Amt | Owners | Bank | Price Protection | Details | Convertible Date | Maturity Date | Filed Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
July 2024 (registered on 10/14) - Convertible Note | Registered | 95,238 | $25.20 | $2,400,000.00 | $2,400,000.00 | Lind Global | Variable Rate, Full Ratchet | The Investor can convert the Note to Class A ordinary shares at 0.213 or 150% of the VWAP on the day prior to the note issuance, but not below $0.029 (the "Floor Price"). | - | - | Jul 25, 2024 |
Completed Offerings
Title | Offering Amt | Shr Amt | Share Price | Warrants | Bank | Owners | Date | Type | |
|---|---|---|---|---|---|---|---|---|---|
REGISTERED OFFERING | $3.70 M | 2.10 M | $0.18 | - | D. Boral Capital LLC | N/A | Dec 19, 2024 | 6-K | |
PRIVATE PLACEMENT | $2.40 M | 11.27 M | $0.21 | 0.00 | - | Lind Global | Jul 26, 2024 | 6-K | |
REGISTERED OFFERING | $370.00 k | 1.28 M | $0.29 | 0.00 | - | - | May 22, 2024 | 6-K | |
REGISTERED OFFERING | $2.01 M | 6.93 M | $0.29 | 0.00 | - | - | Apr 30, 2024 | 6-K | |
IPO | $15.20 M | 3.80 M | $4.00 | 0.00 | EF Hutton | - | Oct 19, 2023 | 6-K |