Summary by Futu AI
On May 2, 2024, WeBuy Global Ltd successfully closed its self-underwritten public offering of 6,930,000 Class A Ordinary Shares at $0.29 per share, raising a total of $2,009,700 before expenses. The offering was conducted under the regulations of the United States Securities and Exchange Commission, with the shares having a par value of $0.000000385 each. This capital raise is a significant financial event for WeBuy Global Ltd, which is registered with the SEC and has confirmed that the offering was in compliance with applicable securities laws.