Webull Corporation (Nasdaq: BULL), the parent company of the popular Webull investment platform, has entered a $1 billion standby equity agreement with Yorkville Advisors to fuel its crypto adoption and global growth strategy.
Key Highlights of the Deal
- Flexible Funding: Webull can issue up to $1 billion in Class A shares over three years at its discretion, leveraging favorable market conditions.
- Strategic Deployment: Capital will target product expansion, new asset classes, and geographic market entry.
- Discount Pricing: Shares will be priced at a discount to the market rate during designated pricing periods.
Leadership Perspective
Anthony Denier, Webull’s CEO, emphasized:
"This agreement positions us to innovate in next-gen technologies like stablecoins and tokenized real-world assets, ensuring we remain competitive in evolving financial markets."
About Webull Corporation
Webull operates a digital investment platform with 24 million users across 14 global markets, offering:
- Stocks, ETFs, Options, and Futures
- Fractional Shares
- Digital Asset Trading
Learn More: Official Website
FAQs
1. How will Webull use the $1 billion funding?
Funds will support crypto integration, global expansion, and technology advancements like blockchain-based asset tokenization.
2. What is the duration of the equity agreement?
Webull has a three-year window to draw funds as needed.
3. Will this impact Webull’s stock (BULL)?
The agreement provides liquidity but may dilute shares if fully utilized. Market conditions will dictate actual use.
👉 Explore Webull’s Trading Platform
Forward-Looking Statements
This release contains projections subject to risks, including market volatility and regulatory changes. Full details are available in Webull’s SEC filings.
Media Contact:
Nicholas Koulermos | [email protected] | (212) 999-5585