F-1MEF 1 webuy_f1mef.htm F-1MEF webuy_f1mef.htm

As filed with the Securities and Exchange Commission on October 18, 2023

 

Registration No. 333-           

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM F-1

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

WEBUY GLOBAL LTD

(Exact name of registrant as specified in its charter)

 

Cayman Islands

 

7389

 

Not Applicable

(State or other jurisdiction of

incorporation or organization)

 

(Primary Standard Industrial

Classification Code Number)

 

(IRS. Employer

Identification Number)

 

35 Tampines Street 92 Singapore 528880

+65 8859 9762

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) 

 

Cogency Global Inc.

122 East 42nd Street, 18th Floor

New York, New York 10168

800-221-0102

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

With a Copy to:

 

William S. Rosenstadt, Esq.

Mengyi “Jason” Ye, Esq.

Yarona L. Yieh, Esq.

Ortoli Rosenstadt LLP

366 Madison Avenue, 3rd Floor

New York, NY 10017

212-588-0022

Ying Li, Esq.

Guillaume de Sampigny, Esq.

Hunter Taubman Fischer & Li LLC

950 Third Avenue, 19th Floor

New York, NY 10022

212-530-2210

 

Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.

 

If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☐

 

If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒ (File No. 333-269641)

 

If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

 

If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.

 

Emerging growth company ☒

 

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

 

The Registration Statement shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.

 

 

 

  

EXPLANATORY NOTE AND INCORPORATION BY REFERENCE

 

This Registration Statement on Form F-1 (this “Registration Statement”) is being filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended, for the sole purpose of increasing the aggregate number of ordinary shares offered by WEBUY GLOBAL LTD (the “Registrant”) by 345,000 ordinary shares of the Registrant (including 45,000 ordinary shares upon the exercise by the underwriters of their over-allotment option). The additional securities that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Calculation of Registration Fee table contained in the Registration Statement on Form F-1, as amended (File No. 333-271604) (the “Prior Registration Statement”), initially filed with the Securities and Exchange Commission (the “Commission”) on May 3, 2023, which was declared effective by the Commission on September 28, 2023. The information set forth in the Prior Registration Statement and all exhibits thereto are hereby incorporated by reference in this filing.

 

The required opinion and consents are listed on an Exhibit Index attached hereto and filed herewith.

 

 
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EXHIBIT INDEX

 

EXHIBIT

NUMBER

 

EXHIBIT DESCRIPTION

 

 

 

5.1

 

Opinion of Conyers Dill & Pearman regarding the validity of securities being registered

 

 

 

23.1

 

Consent of Onestop Assurance PAC

 

 

 

23.2

 

Consent of Conyers Dill & Pearman (included in Exhibits 5.1)

 

 

 

107

 

Filing Fee Table

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-1 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Singapore on October 18, 2023.

 

 

WEBUY GLOBAL LTD

 

 

 

 

 

 

By:

/s/ Bin Xue

 

 

 

Bin Xue 

 

 

 

Chief Executive Officer

 

 

 

(Principal Executive Officer)

 

 

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

 

Title

 

Date

/s/ Bin Xue

 

Chief Executive Officer and Chairman of the Board of Director

 

October 18, 2023

Name: Bin Xue

 

(Principal Executive Officer)

 

 

 

 

 

 

 

/s/ Ai Lian Phang 

 

Chief Financial Officer

 

October 18, 2023

Name: Ai Lian Phang

 

(Principal Accounting and Financial Officer)

 

 

 

 

 

 

 

 /s/ Lei Liu 

 

Chief Technology Officer

 

October 18, 2023

Name: Lei Liu

 

 

 

 

 

 

 

 

 

/s/ Michelle Ting Ting Tan 

 

Director

 

October 18, 2023

Name: Michelle Ting Ting Tan

 

 

 

 

 

SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

 

Pursuant to the Securities Act of 1933 as amended, the undersigned, the duly authorized representative in the United States of America, has signed this registration statement thereto in New York, NY on October 18, 2023.

 

 

By:

 /s/ Colleen A. De Vries 

 

 

Name:

Colleen A. De Vries

 

 

Title:

Senior Vice President

 

 

 
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