WeBuy Global Ltd, a foreign private issuer listed on the Nasdaq Capital Market, has received a notice from Nasdaq's Listing Qualifications Department indicating non-compliance with the minimum bid price requirement. The company's Class A ordinary shares have closed below the required $1.00 per share for 30 consecutive trading days. Initially given 180 days to regain compliance, WeBuy Global did not meet the requirement by the July 24, 2024 deadline. However, Nasdaq has granted an additional 180-day period, until January 21, 2025, for the company to comply. During this time, the company's stock must maintain a closing bid price of at least $1.00 for ten consecutive business days. Failure to achieve compliance by the extended deadline may lead to delisting, although the company would have the right to appeal. WeBuy Global is considering options to address the issue but there is no guarantee of regaining compliance or receiving further extensions from Nasdaq.

WeBuy Global Ltd, a foreign private issuer listed on the Nasdaq Capital Market, has received a notice from Nasdaq's Listing Qualifications Department indicating non-compliance with the minimum bid price requirement. The company's Class A ordinary shares have closed below the required $1.00 per share for 30 consecutive trading days. Initially given 180 days to regain compliance, WeBuy Global did not meet the requirement by the July 24, 2024 deadline. However, Nasdaq has granted an additional 180-day period, until January 21, 2025, for the company to comply. During this time, the company's stock must maintain a closing bid price of at least $1.00 for ten consecutive business days. Failure to achieve compliance by the extended deadline may lead to delisting, although the company would have the right to appeal. WeBuy Global is considering options to address the issue but there is no guarantee of regaining compliance or receiving further extensions from Nasdaq.