WEBUY GLOBAL LTD (WBUY) Form 6-K — Oct 23, 2026
WEBUY GLOBAL LTD (WBUY) disclosed that CEO Bin Xue purchased 138,370 newly issued Class B ordinary shares at US$0.68 per share on October 22, 2026, for total consideration of about US$94,092. The price matched the Nasdaq closing price of the Class A shares the prior day, and the shares were issued offshore in reliance on Regulation S. The new Class B shares represent approximately 14.7% of the company's aggregate voting power, bringing Bin Xue's total beneficial voting stake to 47.4% across 300,000 Class A and 416,666 Class B ordinary shares. Because Class B shares carry outsized voting rights, the transaction entrenches CEO control just below the majority threshold.
Key figures
- Offering Price
- 0.68
- Shares Offered
- 138370
- Ceo prior class a shares
- 300000
- Ceo prior class b shares
- 416666
- Ceo resulting voting power pct
- 47.4
- Voting power of new shares pct
- 14.7
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