Core Viewpoint - WEBUY GLOBAL LTD is currently not in compliance with Nasdaq's Minimum Stockholders' Equity Rule, which requires a minimum of $2,500,000 in stockholders' equity for continued listing on The Nasdaq Capital Market [1][2]. Financial Compliance - As of June 30, 2025, the company reported stockholders' equity of $364,584, significantly below the required minimum [2]. - The company does not meet the alternatives of market value of listed securities or net income from continuing operations as of January 5, 2026, leading to non-compliance [2]. Listing Status - The company's Class A Ordinary Shares continue to trade under the symbol "WBUY," and the Notification Letter does not have an immediate effect on its listing status [3]. - The company has 45 calendar days, until February 19, 2026, to submit a plan to regain compliance, with the possibility of an extension of up to 180 days if the plan is accepted [3][4]. Compliance Measures - The company is evaluating various measures to regain and sustain compliance with Nasdaq Listing Rules and plans to submit its compliance plan by the due date [4]. - There is no assurance that the company's compliance plan will be accepted or that it will regain compliance with the Minimum Stockholders' Equity Rule [4]. Company Overview - WEBUY GLOBAL LTD is a technology-driven platform focused on transforming social commerce and travel services across Southeast Asia, providing curated travel experiences and cross-border tour services [5].
WEBUY GLOBAL LTD Receives Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency