Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Webuy Global Ltd. Provides Update on Nasdaq Listing and Strategic Growth Initiatives

Singapore, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (NASDAQ: WBUY) (“Webuy” or the “Company”), a leading AI-driven e-commerce and travel platform, today provided an update regarding its Nasdaq listing status and ongoing strategic growth initiatives.


Nasdaq Compliance and Appeal Process
On January 22, 2025, Webuy received a delisting notice from Nasdaq due to non-compliance with the $1.00 minimum bid price requirement. Following the expiration of the second 180-day compliance period on January 21, 2025, Nasdaq suspended trading of the Company’s stock on January 31, 2025. As a result, Webuy’s shares are currently trading on the OTC market due to the implementation of new Nasdaq regulations that mandate immediate delisting after the second compliance period.


To regain its Nasdaq listing, the Company has formally appealed the decision and is scheduled to present its compliance plan at a hearing on February 27, 2025.


Reverse Stock Split and Compliance Plan
To address the bid price deficiency, Webuy’s shareholders approved a reverse stock split at the Company’s Annual General Meeting (AGM) on December 18, 2024, with an approved ratio ranging from 1-for-10 to 1-for-40. On January 15, 2025, the Board of Directors approved a 1-for-40 reverse stock split, and the Company immediately filed the required documents with the secretary of Cayman Islands on January 16, 2025.


Following the delisting notice, the Company’s shares are now on the OTC market, under which additional approval from the Financial Industry Regulatory Authority (FINRA) is required to proceed with the reverse split. Webuy submitted its FINRA application on February 3, 2025 and has been actively responding to FINRA to provide supplemental information as requested, and is expecting FINRA clearance in due course.


Strong Business Performance and AI Expansion
Despite the above procedural challenges, Webuy remains financially robust and is actively expanding its AI-driven business model to drive growth. On December 17, 2024, the Company successfully raised $3.6 million in a registered direct offering, which would be used to enhance its AI-powered solutions across e-commerce and travel, including:
•    Enhancing the AI-powered Travel Consultant for personalized itinerary planning.
•    Improving predictive demand analytics to optimize the group-buy model.
•    Strengthening community engagement through AI-driven tools.


Commitment to Shareholders
Webuy remains committed to regaining its Nasdaq listing and executing its AI-driven growth strategy to create long-term shareholder value. The Company will continue to update shareholders on its progress and remain dedicated to delivering innovative solutions that enhance customer experiences.


About Webuy Global Ltd.
Webuy Global Ltd. is a forward-thinking, technology-driven company aimed at becoming the leading e-commerce and travel platform in Southeast Asia. Leveraging advanced AI technologies, the Company enhances its 'group buy' model by providing personalized recommendations, predictive demand analytics, and seamless community interactions. In addition, Webuy integrates AI-powered travel solutions, such as its proprietary AI Travel Consultant, to deliver personalized itineraries, group travel planning, and real-time support. These innovations streamline the traditional supply chain, foster a community-driven shopping experience, and simplify travel planning for its users. Webuy is committed to improving the lives of millions of families in Southeast Asia with high-quality, affordable products, services, and travel experiences. For more information, visit https://www.webuysg.com/Investor/


Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected due to various factors, including regulatory approvals, market conditions, and operational execution. Webuy Global Ltd. undertakes no obligation to update any forward-looking statements, except as required by law.


Webuy Global Ltd.
Email: ir@webuy.global
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.