6-K

WEBUY GLOBAL LTD (WBUY)

6-K 2025-05-08 For: 2025-05-08
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Added on April 08, 2026

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549


FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13a-16 OR 15d-16UNDER THE SECURITIES EXCHANGE ACT OF 1934


For the month of May 2025

Commission File Number: 001-41840

WEBUY GLOBAL LTD35 Tampines Street 92 Singapore 528880+65 8859 9762 (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒    Form 40-F ☐

As previously reported, on January 26, 2024, WEBUY GLOBAL LTD (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule 5550(a)(2) (the “Rule”), which requires listed securities to maintain a minimum bid price of $1.00 per share. A failure to comply with Rule 5550(a)(2) exists when listed securities fail to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days. Since the Company failed to meet the aforesaid requirement, the Company was provided 180 calendar days, and subsequently another 180 calendar days of extension, to regain compliance by January 29, 2025.

Following the expiration of the second 180-day compliance period on January 21, 2025, Nasdaq suspended trading of the Company’s stock on January 31, 2025. As a result, Webuy’s shares were trading on the OTC market due to the implementation of new Nasdaq regulations that mandate immediate delisting after the second compliance period.

To regain its Nasdaq listing, the Company formally appealed the decision and presented its compliance plan to a hearing panel (the “Panel”) on February 27, 2025. The Panel subsequently granted the Company’s request for an exception to regain compliance with the Bid Price Rule. As a condition of continued listing, the Company must demonstrate compliance by May 2, 2025.

As also previously disclosed, the Company had held an Extraordinary General Shareholder Meeting on March 21, 2025 to approve a further 1-for-3 reverse stock split, in addition to the 1-for-40 reverse stock split approved at the Annual General Shareholder Meeting in December 2025. The reverse stock splits were subsequently approved by the Financial Industry Regulatory Authority (FINRA) to take effect on April 10, 2025, on the OTC market.

On April 30, 2025, the Company received a letter from Nasdaq confirming that the Company has demonstrated compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules, as required by the Panel decision. Consequently, the Company’s shares have been reinstated to trade on Nasdaq Capital Market, effective May 8, 2025.

As of the date of this report, the Company has 607,023 Class A ordinary shares outstanding.

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EXHIBIT INDEX


Exhibit No. Description
99.1 Webuy Global Ltd. (Nasdaq: WBUY) Reinstated Listing on Nasdaq Capital Market and Returns to Profitability with Strong First Quarter Growth in Travel
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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

WEBUY GLOBAL LTD
Date: May 8, 2025 By: /s/ Bin Xue
Name: Bin Xue
Title: Chief Financial Officer

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Exhibit 99.1


Webuy Global Ltd. (Nasdaq: WBUY) Reinstated Listing on Nasdaq CapitalMarket and Returns to Profitability with Strong First Quarter Growth in Travel


Singapore – May 8, 2025 – Webuy Global Ltd. (Nasdaq: WBUY), a forward-thinking, technology-driven e-commerce and travel platform in Southeast Asia, today announced that the Company has been successfully reinstated on the Nasdaq Capital Market (“Nasdaq”), effective May 8, 2025. The relisting follows confirmation from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Rule 5550(a)(2).

Webuy’s return to Nasdaq is a pivotal milestone in its broader turnaround. After implementing a comprehensive recovery strategy, which included reverse stock splits and a successful appeal before the Nasdaq Hearing Panel , the company has regained full compliance. This achievement underscores Webuy’s continued operational momentum and hopes to lead to renewed investor confidence in its growth as a public company.

Furthermore, the Company experienced robust growth in the first quarter of 2025, fueled by the sustained and accelerating expansion of its travel vertical. At the March 2025 NATAS Fair in Singapore, which is one of the region’s largest and most influential consumer travel exhibitions organized by the National Association of Travel Agents Singapore, Webuy recorded over US$2.6 million in travel bookings, a 45% increase compared to the same period last year. In Indonesia, the Company’s travel business achieved approximately US$1.25 million in revenue in the first quarter of 2025, compared to just US$55,000 in the first quarter of 2024 — marking an exceptional year-over-year growth of more than 2,160%. Collectively, these results demonstrate the potency of Webuy’s AI-powered travel platform and localized engagement model, while attesting to the brand’s expanding resonance and credibility throughout Southeast Asia.

“We are thrilled to be back on Nasdaq and to demonstrate meaningful progress with our profitability and sustained business momentum,” said Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy. “Our first-ever group-level profit in the fourth quarter of 2024 was a turning point, and we are now building on that success with strong first quarter results. The path forward is clear — we are focused on scaling high-margin verticals, enhancing our technology platform, and driving long-term value for our shareholders.”

Leveraging its successful Nasdaq relisting and confirmed financial recovery, Webuy intends to accelerate its strategic initiatives across Southeast Asia. The Company will further scale AI-driven e-commerce tools and travel ecosystem through deeper community engagement, while upholding disciplined cost management and operational scalability.


About Webuy Global Ltd.


Webuy Global Ltd. is a technology-driven company transforming community e-commerce and travel across Southeast Asia. The Company enhances its group-buy model with predictive AI, personalized recommendations, and community-led engagement, while its travel vertical delivers curated itineraries and real-time support through its proprietary AI Travel Consultant. Webuy is committed to delivering high-quality, affordable products and travel services that improve the lives of millions across the region. For more information, visit www.webuysg.com/Investor.

Forward-Looking Statements


This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected due to various factors, including operational execution, market dynamics, and regulatory requirements. Webuy Global Ltd. undertakes no obligation to update any forward-looking statements, except as required by law.