1. Webull Abruptly Terminates $250M Equity Funding Pact with Yorkville Advisors
Online brokerage Webull has abruptly terminated a $250 million standby equity purchase agreement (SEPA) with Yorkville Advisors, severing a key funding line. The agreement, established in late 2022, allowed Webull to sell up to $250 million of its Class A common stock to Yorkville over a three-year period, providing a ...