Webull Stock Drops Amid $1 Billion Financing Deal and Dilution Concerns

Webull Corp's stock is trading lower after the company detailed a $1 billion equity financing deal with Yorkville Advisors. The agreement allows Webull to sell up to $1 billion of its Class A ordinary shares at a 2.5% discount to the market price, potentially leading to shareholder dilution. The filing warns that the sale of these shares could result in a significant decline in the public trading price of Webull's securities.