0001213900-26-039690
SEC filingWEBUY 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.
WEBUY GLOBAL Ltd successfully closed a private placement financing transaction with a single investor, Zheng Mingjie, raising total proceeds of US$1,000,000. The financing was conducted pursuant to a securities subscription agreement (PIPE Agreement) entered into on February 19, 2026. The Company received the total purchase price in two tranches: $600,000 upon agreement execution and the remaining $400,000 on March 13, 2026. The closing occurred on March 24, 2026. The per-share price of $0.8776 was determined based on a formula of 90% of the average closing price for the five trading days preceding the closing date. The issuance of 1,139,472 shares represents significant dilution of 23.24% to existing Class A shareholders. Following the transaction, the Company has 4,902,828 Class A ordinary shares issued and outstanding. The securities were issued in reliance on exemptions from registration under Section 4(a)(2), Regulation D, and/or Regulation S of the Securities Act of 1933.