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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2026
Commission File Number: 001-42597
Webull Corporation
200 Carillon Parkway
St. Petersburg, Florida 33716
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒
Form 40-F ☐
INFORMATION CONTAINED IN THIS REPORT ON FORM
6-K
On August 27, 2025, Webull Financial LLC (“Webull Financial”)
entered into an amendment (the “Amendment”) to the Omnibus Clearing Agreement, dated January 26, 2021, by and between Webull
Financial and Apex Clearing Corporation (the “Omnibus Agreement”). The purpose of the Amendment is to clarify the term of
the Omnibus Clearing Agreement. A copy of the Amendment, together with the Omnibus Clearing Agreement and previous amendments thereto,
dated as of June 1, 2021 and December 12, 2022, are attached to this Report on Form 6-K (this “Report”) as Exhibit 10.1 and
are incorporated herein by reference. Any description of the Amendment and the Omnibus Agreement and its other amendments are qualified
in their entirety by reference to the full text of such agreements.
The unaudited condensed consolidated
financial statements of Webull Corporation (the “Company”) as of June 30, 2026 and for the three and six months ended June
30, 2026 and management’s discussion and analysis of the unaudited condensed consolidated financial statements are attached hereto
as Exhibits 99.1 and 99.2, respectively.
The information
contained in this Report (including Exhibits 10.1, 99.1 and 99.2 to this Report) shall be deemed incorporated by reference into the
Company’s Registration Statements on Form S-8 (File Nos. 333-289886
and 333-295112) and Form F-3 (File No. 333-286880)
(including any prospectuses forming a part of such Registration Statements) and to be a part thereof from the date on which this
Report is filed, to the extent not superseded by documents or reports subsequently filed or furnished with the U.S. Securities and Exchange Commission.
EXHIBIT INDEX
Forward-Looking Statements
This
Report includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United
States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this Report,
the Exhibits thereto or other statements of the Company made in connection therewith, including, for instance, statements as to business
strategy and plans, future results of operations and financial position, planned products and services, objectives of management for
future operations or strategies of the Company, market size and growth opportunities, competitive position and technological and market
trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words,
including “anticipate,” “expect,” “suggests,” “plan,” “believe,” “predict,”
“potential,” “seek,” “future,” “propose,” “continue,” “intend,”
“estimates,” “targets,” “projects,” “should,” “could,” “would,”
“may,” “will,” “forecast” or the negatives of these terms or variations of them or similar terminology
although not all forward-looking statements contain such terminology.
All
forward-looking statements are based upon current estimates and forecasts and reflect the reasonable views, assumptions, expectations,
and opinions of the Company and its management as of the date of this Report, and are therefore subject to a number of factors, risks
and uncertainties, some of which are not currently known to the Company and its management and could cause actual results to differ materially
from those expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to: (1) the ability
of the Company to grow and manage growth profitably, maintain relationships and deepen engagement with users, customers and suppliers,
and retain its management and key employees; (2) the reliance of key functions of the Company’s business on third-parties and the
risk that the Company’s platform and systems rely on software and applications that are highly technical and may contain undetected
errors that could result in unexpected network interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated
with the Company’s global operations and continued global expansion, including, but not limited to, the risks related to complex
or constantly evolving political or regulatory environments that may result in substantial costs or require adverse changes to the Company’s
business practices; (4) the Company’s estimates of expenses and costs, of profitability or of other operational and financial metrics
as well as the Company’s expectations regarding demand for and market acceptance of its products and service; (5) the Company’s
reliance on trading related income, including payment for order flow (“PFOF”), and the risk of new regulation or bans on
PFOF and similar practices; (6) the Company’s exposure to fluctuations in interest rates, rapidly changing interest rate environments,
volatile prices of securities and digital assets and their respective trading volumes; (7) the Company’s reliance on a limited
number of market makers and liquidity providers to generate a large portion of its revenues, and the negative impact of the loss of any
of those market makers or liquidity providers; (8) the effects of competition in the Company’s industry and the Company’s
need to constantly innovate and invest in new markets, products, technologies or services to retain, attract and deepen engagement with
users; (9) changes in international trade policies and trade disputes that could result in tariffs, taxes or other protectionist measures
adversely affecting our business; (10) risks related to general political, economic and business conditions globally and in jurisdictions
where the Company operates; (11) risk of further actions taken by various government bodies in the United States that have made the Company
the subject of inquiries and investigations relating to concerns about our connections to China; (12) the risk that the failure to protect
customer data and privacy or to prevent security breaches relating to the Company’s platform could result in economic loss, damage
to its reputation, deter customers from using its products and services, and expose it to legal penalties and liability; (13) the risks
associated with incorporating artificial intelligence technologies into certain of our products and processes, including potential regulatory,
operational, reputational, or compliance challenges; (14) risks related to the Company’s need as a regulated financial services
company to develop and maintain effective compliance and risk management infrastructures as well as to maintain capital levels required
by regulators and self-regulatory organizations; (15) the ability to meet, or continue to meet, stock exchange listing standards; (16)
the possibility of adverse developments in pending or new litigation and regulatory investigations; (17) risks relating to our offering
of event contracts or prediction market products in the United States, including potential changes in regulatory interpretations or enforcement
priorities; (18) risks related to significant disruptions in the cryptocurrency market that negatively impacts user engagement with cryptocurrency
trading on our platform; (19) political, regulatory or economic changes that affect cryptocurrencies, including changes in the governance
of a cryptocurrency; (20) risks related to the offer and resale of our securities, such as dilution from the issuance of additional Class
A ordinary shares upon the exercise of warrants, and increased volatility, or significant declines, in the price of our securities based
on increased trading activity and the perception that sales of our securities may occur; (21) risks relating to the Company’s share
repurchase program under which the Company may repurchase up to $100 million of its Class A ordinary shares, including that the program
may be suspended, modified or discontinued at any time, and that the actual amount, timing and manner of any repurchases will depend
on market conditions, share price, applicable legal requirements, contractual restrictions and other factors; and (22) other risks and
uncertainties that are more fully described in filings made, or to be made, by the Company with the U.S. Securities and Exchange Commission
(the “SEC”), including in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking
Statements” in the Company’s filings with the SEC, such as the Company’s Annual Report on Form 20-F filed with the
SEC on April 9, 2026. The foregoing list of factors is not exhaustive. Reported results should not be considered an indication of future
performance. There may be additional risks that the Company and its management presently do not know about or that the Company and its
management currently believe are immaterial that could also cause actual results to differ materially from those contained in the forward-looking
statements. In light of these factors, risks and uncertainties, the forward-looking events and circumstances discussed in this Report
may not occur, and any estimates, assumptions, expectations, forecasts, views or opinions set forth in this Report should be regarded
as preliminary and for illustrative purposes only and accordingly, undue reliance should not be placed upon the forward-looking statements.
The Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new
information, future events, or otherwise, except as required by law.
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| |
WEBULL CORPORATION |
| |
|
|
| Date: September 11, 2026 |
By: |
/s/ Anquan Wang |
| |
Name: |
Anquan Wang |
| |
Title: |
Chief Executive Officer |