Webuy Global Ltd’s Quiet Period To End on November 28th (NASDAQ:WBUY)

Webuy Global’s (NASDAQ:WBUYGet Free Report) quiet period will end on Tuesday, November 28th. Webuy Global had issued 3,800,000 shares in its initial public offering on October 19th. The total size of the offering was $15,200,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Webuy Global Stock Performance

Webuy Global stock opened at $5.62 on Tuesday. Webuy Global has a 52-week low of $3.00 and a 52-week high of $11.11.

About Webuy Global

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Webuy Global Ltd operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. It sells food and beverages, fresh produces, lifestyle products, and other personal care products, as well as sells packaged tours. The company was founded in 2019 and is based in Singapore.

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