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  • Inquiries and Investigations Relating to Concerns About Our Connections to China (new) — The company is under U.S. government scrutiny over its China connections, which could lead to regulatory actions.
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NASDAQ: BULL Webull Corp 424B3

Webull Corp files 424B3 for resale of Class A shares by selling shareholder; company receives no proceeds

Filed October 16, 2026 · ~2 min read

Key Changes

  • high

    This is a secondary offering: all Class A shares are sold by the Selling Shareholder for its own account, and Webull receives no proceeds from the resales.

    Use of Proceeds verify on EDGAR →
  • high

    Webull has a Class A common stock capital structure (full multi-class details, if any, are in the charter exhibit / prospectus — not disclosed in this filing body): Class B shares carry 20 votes per share versus one vote for Class A, concentrating control with Class B holders.

    Description of Securities verify on EDGAR →
  • high

    The company reports cash and cash equivalents of $653.2 million and an accumulated deficit of $2.18 billion as of December 31, 2025.

    Capitalization verify on EDGAR →

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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View original filing on SEC.gov

Figures/quotes linked to EDGAR · Narrative written by AI · Oct 19, 2026 · How we verify