Summary by Futu AI
WeBuy Global Ltd, a foreign private issuer, has successfully closed the second tranche of its self-underwritten public offering on May 16, 2024. The offering involved the sale of 1,275,862 Class A Ordinary Shares at a price of $0.29 per share, resulting in total proceeds of $370,000 before expenses. This event follows the company's registration of the offering for up to 10,000,000 Class A Shares on April 30, 2024, under the registration statement on Form F-1. The report, filed with the United States Securities and Exchange Commission, clarifies that the offering was made only by means of a prospectus and that the securities were not to be sold in jurisdictions where such an offering would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.