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Week of Expected Pricing 10/19/2023
Company Name WEBUY GLOBAL LTD
Proposed Ticker WBUY
CUSIP G9513S102
Business Description An emerging Southeast Asian (“SEA”) community-oriented e-commerce retailor (“Community e-Commerce Retailor”) with a focus on grocery and travel. Electronic commerce (“e-commerce”) refers to a commercial transaction that involves the sale and purchase of products or services over the Internet. It involves the entire scope of online transactions from the sellers to buyers, including supply chain management, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange, inventory management systems, and automated data collection systems, and others. Community e-commerce is a form of e-commerce, where social media users with mutual interest and like-minded online behavior are connected, forming a community group within a network through online medium such as social media platforms and communication software including but not limited to Facebook, Instagram, WeChat, WhatsApp, Line, Tiktok or Youtube.
Lead Underwriter EF Hutton, division of Benchmark Investments, LLC
Co-Managers WestPark Capital, Inc
Initial Shares 40,00,000
Revised Initial Shares 38,00,000
Initial Price $4.00-$4.50
Revised Price $4.00-$4.00
Final Price $4.00
Final Ticker WBUY

 

 

   
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