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GlobeNewsWire
1 month ago
WEBUY GLOBAL LTD Receives Nasdaq Notification Regarding Minimum Stockholders' Equity Deficiency
Singapore, Jan. 09, 2026 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD (Nasdaq: WBUY) (the “Company” or “Webuy”) today announced that the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that it is not in compliance with the minimum of $2,500,000 in stockholders' equity for continued listing of the Company's class A ordinary shares of a par value of US$0.0000462 each (the “Class A Ordinary Shares”) on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Minimum Stockholders' Equity Rule”) (the “Notification Letter”). The Minimum Stockholders' Equity Rule requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders' equity for continued listing.