WBUYWEBUY GLOBAL LTD · Nasdaq Capital Market · $0.83 · $5.18M mkt cap
Assessed Sep 2, 2026 · Reassessment
Is the float you're seeing correct?
3.06M
Estimated float

Class A only (Class B is CEO-held, 10-vote, non-tradeable).

Understated 21%
2.54M
Reported float

Data-service feed, fetched today. The number TradingView and most screeners show.

Your screener is showing a float that no longer exists. Trade off 3.06M shares.

Dilution risk8/10HIGH
CONFIDENCE: MEDIUM

The float your screener shows is understated 21%: 2.54M reported, 3.06M actual. 1 floorless convertible note and 3 reverse splits can add another 1,680% of the float.

  • Oversized variable-rate ELOC with effective resale registration. The Dogwood Partners $20,000,000 equity line is live and its resale registration is EFFECTIVE, covering 50,200,000 Class A shares.

  • Rapid share count growth / hyper-dilution. Class A outstanding expanded from roughly 1.87M to 5.20M in the twelve months to May 2026 — approximately 179% growth — through seven separate issuance events: 391,357 debt-settlement shares (Nov 202…

  • Pending resale registration converting 21.9% of Class A to free-trading. The Form F-3 filed 2026-05-18 registers all 1,139,472 restricted PIPE shares held by Zheng Mingjie for resale, with the selling-shareholder table showing 0 shares owned after the offering — signallin…

From today's float to the ceiling

shares
3.06M
Estimated float
tradeable today
+280.3K can sell now
3.34M
Effective supply
float plus what sells on notice
+50.42M if floors are cut and warrants exercise
53.76M
Fully diluted
ceiling

Ceiling computed from the itemised overhang.

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
3.06M
Can sell now
Registered resale shares, issuable on notice
Already effective; the holder can sell without a further filing.
+50.0K
Warrants in the money, at or near a zero strike
Exercisable at or below the current tape.
+230.3K
Effective supply
3.34M
Converts only if floors are cut · floors $25.56 to $25.56 against a $0.83 tape
Convertible notes, beyond the registered shares
At the stated conversion prices; a cut to those prices raises the count.
+50.42M
Fully diluted
53.76M

Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.

Engine fully-diluted count (5.71M) is below the itemised overhang; ceiling computed from the rows.

See the full breakdown

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The facts

Price
$0.83
Market cap
$5.18M
Shares outstanding
5.48M
Reported float
2.54M
Avg volume
104.4K
Reverse splits
3 · latest 1:120 (cumulative, per market data effective date) · Apr 10, 2025
Going concern
No
Quarterly burn
—

Market data as of Sep 28, 2026

Key dates

  • Apr 21, 2027 · 12-month lock-up expires on the CEO's 300,000 Class A award shares
  • Mar 23, 2028 · 24-month term of the Dogwood Ordinary Share Purchase Agreement expires (company may terminate earlier on 30 trading days' notice; auto-terminates on delisting…