Frankestin
6日前
just a comedian!
you kept it hidden, you're a smartass!
When f20? I hope many people believe it
By an ordinary resolution, to approve the appointment of OneStop Assurance PAC as the Company’s independent registered public accounting firm for the fiscal year ending in December 31, 2024. 429,002,058 224,610 21,411
Proposal 3: By an ordinary resolution, to approve a share consolidation of the Company’s issued and unissued ordinary shares be approved at a ratio of not less than one (1)-for-ten (10) and not more than one (1)-for-forty (40). 428,556,170 682,455 9,454
Proposal 4: By an ordinary resolution, to adjourn the Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of proposal one, proposal two, and proposal three.
Frankestin
1月前
NO R/S?
THEREFORE APART FROM EXCEPTIONS NO OFFERS FOR 30 DAYS
What are they cooking?
In addition, the Company agreed that for a period of ninety (90) days from the closing date of the Registered Direct Offering, it will not, including but not limited to,: (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of capital stock or equivalent securities; or (ii) file or caused to be filed any registration statement relating to the offering of any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company, except the filing of a Form S-8 registration statement covering the employee stock option plan. In addition, the Company agreed that it will not conduct any sales of Class A Ordinary Shares or equivalent securities involving a variable rate transaction (as defined in the Purchase Agreement) for a period of thirty (30) days from the closing date of the Registered Direct Offering, subject to certain exceptions as described in the Purchase Agreement.
The document outlines exceptions under the term "Exempt Issuance," including:
Issuance of shares or equity awards to employees, consultants, or officers approved by the board.
Securities issued for exercises, conversions, or exchanges of instruments already outstanding as of the agreement's date.
Securities issued for acquisitions or strategic transactions approved by the board, provided they are not for capital-raising purposes.
Frankestin
1月前
What is the multiple of class B shares? Bin you sing it and you play it!
On December 18, 2024, at 11:00 A.M., Singapore time (December 17, 2024 at 10:00 P.M., Eastern Time), WEBUY GLOBAL LTD (the “Company”) held an annual general shareholder meeting (the “AGM”) at its executive office 35 Tampines Street 92 Singapore 528880. Holders 1,340,079 Class A ordinary shares and 21,395,400 Class B ordinary shares of the Company were present in person or by proxy at the AGM, representing approximately 91.37% of the total 41,898,715 Class A ordinary shares and 21,395,400 Class B ordinary shares as of the record date of October 31, 2024 and therefore constituting a quorum of the ordinary shares outstanding and entitled to vote at the AGM as of the record date. All matters voted on at the AGM were approved as recommended by the Board of Directors of the Company and were approved at the AGM. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:
For Against Abstain
Proposal 1: By an ordinary resolution, to re-appoint the following five directors to serve on the Company’s board of directors until the next annual general meeting of shareholders:
Bin Xue 428,931,234 294,337 22,508
Frankestin
1月前
We are not so dear... Where did you hide the news of the meeting? I guess it's been approved, as long as those who go short know it right?
people of South East Asia... you can trust they are transparent, reliable and rarely do scams
ROXY STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON DECEMBER 18, 2024
November 18, 2024
Dear Shareholder:
Notice is hereby given that an annual general meeting of shareholders (the “Meeting”) of WEBUY GLOBAL LTD, a Cayman Islands exempted company (the “Company”), will be held on December 18, 2024 at 11:00 a.m. Singapore Time (December 17, 2024 at 10:00 p.m. Eastern Time), at our executive office at 35 Tampines Street 92, Singapore 528880, for the following purposes:
1. Proposal One. By an ordinary resolution, to re-appoint five directors to serve on the Company’s board of directors (the “Board”) until the next annual general meeting of shareholders or until their office is otherwise vacated or they are removed by an ordinary resolution of the shareholders or by a resolution of the remaining directors. The Board urges shareholders to vote “FOR” the re-appointment of all the directors in Proposal One.
2. Proposal Two. By an ordinary resolution, to approve the appointment of OneStop Assurance PAC (“OneStop”) as the Company’s independent registered public accounting firm for the fiscal year ending on June 30, 2025 (the “Appointment of OneStop”). The Board urges shareholders to vote “FOR” Proposal Two.
3. Proposal Three. By an ordinary resolution, (A) to approve a share consolidation of the Company’s issued and unissued class A ordinary shares of par value US$0.000000385 each in the Company (the “Class A Ordinary Shares”) and the Company’s issued and unissued class B ordinary shares of par value US$0.000000385 each in the Company (the “Class B Ordinary Shares”, and together with the Class A Ordinary Shares, the “Ordinary Shares”) be approved at a ratio of not less than one (1)-for-ten (10) and not more than one (1)-for-forty (40) (the “Range”), with the exact ratio to be set at a whole number within the Range and the exact date to be determined by the Board in its sole discretion within one year after the date of passing of these resolutions (the “Share Consolidation”), and (B) in respect of any and all fractional entitlements to the issued consolidated shares resulting from the Share Consolidation, if so determined by the Board in its sole discretion, the directors be and are hereby authorized to settle as they consider expedient any difficulty which arises in relation to the Share Consolidation, including but without prejudice to the generality of the foregoing capitalizing all or any part of any amount for the time being standing to the credit of any reserve or fund of the Company (including its share premium account and profit and loss account) whether or not the same is available for distribution and applying such sum in paying up unissued Ordinary Shares to be issued to shareholders of the Company to round up any fractions of Ordinary Shares issued to or registered in the name of such shareholders of the Company following or as a result of the Share Consolidation, and to authorize the Board to do all other acts and things as the Board considers necessary or desirable for the purposes of the transactions contemplated by or giving effect to and implementing the Share Consolidation, including determining the exact ratio within the Range and the exact date of the Share Consolidation and instructing the registered office provider or transfer agent of the Company to complete the necessary corporate record(s) and filing(s) to reflect the Share Consolidation. The Board urges shareholders to vote “FOR” Proposal Three.
4. Proposal Four. By an ordinary resolution, to adjourn the Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal One, Proposal Two and/or Proposal Three. The Board urges shareholders to vote “FOR” Proposal Four.
Our Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”), including the financial statements, is available on the SEC’s website at http://www.sec.gov and is also attached to this Notice.
Your vote is important. Whether or not you plan to attend the Meeting, I hope that you will vote as soon as possible. You may vote your shares by either completing, signing and returning the accompanying proxy card or casting your vote over the Internet.
By Order of the Board of Directors,
Sincerely,
/s/ Bin Xue
Bin Xue
Chief Executive Officer
Invest-in-America
1月前
WBUY: Sounds great to ME, so let's DO THIS!!!
Bing's "COPILOT" just now:
"Was WBUY's pre-market news today about NVIDIA of any significance for their firm? Yes, it was quite significant! Webuy Global Ltd (WBUY) announced today that they have advanced to the next phase of NVIDIA's AI Accelerator Program. This program provides startups and businesses with access to NVIDIA's advanced computing resources and technical expertise1. For Webuy, this means they can further enhance their AI-driven features, such as personalized travel itineraries and predictive demand analytics, which should help improve their operational efficiency and customer engagement. This advancement reflects Webuy's commitment to leveraging AI technology to reshape the e-commerce and travel industries1. Does this news change your perspective on WBUY?"
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