Webuy Global Ltd’s (NASDAQ:WBUY) Lock-Up Period To Expire on April 16th

Webuy Global’s (NASDAQ:WBUY) lock-up period will end on Tuesday, April 16th. Webuy Global had issued 3,800,000 shares in its IPO 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 the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Webuy Global Stock Down 1.8 %

Shares of NASDAQ:WBUY opened at $0.39 on Friday. The stock has a 50-day simple moving average of $0.43. Webuy Global has a fifty-two week low of $0.37 and a fifty-two week high of $14.30.

About Webuy Global

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.