Webuy Global (WBUY) Prices 3.8M Share IPO at $4/sh
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Webuy Global Limited Announces Pricing of $15.2 Million Initial Public Offering
October 18, 2023 8:19 PM EDTSingapore, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Webuy Global Ltd (Nasdaq: WBUY) (Webuy or the Company), a Southeast Asian community e-commerce retailer, today announced the pricing of its initial public offering of 3,800,000 ordinary shares at a public offering price of $4.00 per share for aggregate gross proceeds of approximately $15.2 million, prior to deducting underwriting discounts and offering expenses. Â
In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 570,000 ordinary shares at the initial public offering price, less underwriting discounts to cover over-allotments, if any. The... More
