Webuy Global Ltd’s Lock-Up Period To Expire Tomorrow (NASDAQ:WBUY)

Webuy Global’s (NASDAQ:WBUY) lock-up period is set to expire on Tuesday, April 16th. 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. After the end of Webuy Global’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Webuy Global Trading Down 1.8 %

Shares of WBUY opened at $0.39 on Monday. Webuy Global has a 12 month low of $0.37 and a 12 month high of $14.30. The firm has a 50 day simple moving average of $0.43.

Webuy Global Company Profile

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.