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WEBUY GLOBAL Ltd closed a private placement of 1,139,472 Class A ordinary shares to investor Zheng Mingjie for $1 million, representing 23.24% dilution of outstanding Class A shares.
Key Takeaways
1Company raised aggregate gross proceeds of US$1,000,000 through a private placement transaction.
2Issued 1,139,472 Class A ordinary shares at a price of $0.8776 per share.
3Shares issued represent 23.24% of the Company's issued and outstanding Class A ordinary shares.
4Transaction closed on March 24, 2026, following receipt of the final $400,000 payment on March 13, 2026.
5Shares were issued under Section 4(a)(2), Regulation D, and/or Regulation S exemptions from registration.