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Webuy Global Faces Nasdaq Delisting Due to Minimum Bid Price Non-Compliance
1446+ Words Refined into 6 Facts by AI • 1 source • 5h ago
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- Webuy Global Ltd. (WBUY) received a delisting notice from Nasdaq for non-compliance.
- Trading of WBUY shares will be suspended on January 29, 2025.
- Company failed to maintain the required share price during 360-day compliance.
- WBUY shares expected to trade on OTC markets after suspension.
- Success rates for appeals to Nasdaq Hearings Panel are below 20%.
- Webuy aims to lead e-commerce in Southeast Asia using AI technologies.
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