Webuy Global Ltd IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Webuy Global Ltd (NASDAQ:WBUY) is set to IPO on October 6th on the NASDAQ exchange. The company is offering shares at an expected price of $4.00 per share with an insider lock-up period of 180 days ending on April 03, 2024. Webuy Global Ltd is an emerging SEA community e-commerce retailer focusing on grocery and travel.
October 05, 2023 | 3:00 pm
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Webuy Global Ltd's IPO could potentially attract investors interested in the e-commerce sector. The insider lock-up period of 180 days may also influence the stock's short-term performance.
IPOs often attract investor attention and can lead to increased trading volume and volatility. The insider lock-up period could also influence the stock's performance as insiders are not allowed to sell their shares during this period, potentially reducing selling pressure.
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