Webuy Global Files Prospectus Relates To Offer And Sale, From Time To Time, Of Up To 82.8M Class A Ordinary Shares By Selling Shareholder
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Webuy Global has filed a prospectus with the SEC for the offer and sale of up to 82.8 million Class A ordinary shares by a selling shareholder.
August 16, 2024 | 8:09 pm
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Webuy Global has filed a prospectus with the SEC for the offer and sale of up to 82.8 million Class A ordinary shares by a selling shareholder.
The filing of a prospectus for the sale of a large number of shares by a selling shareholder could lead to a short-term decrease in stock price due to potential dilution and increased supply in the market.
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