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Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities

Business

Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities
Business

Business

Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities

2026-06-30 19:00 Last Updated At:19:15

BANGKOK, June 30, 2026 /PRNewswire/ -- Webull Securities (Thailand) Co., Ltd. ("Webull Thailand"), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, announced the signing of an agreement to acquire Pi Securities Public Company Limited ("Pi Securities"), a trusted investment services provider with more than 50 years of experience in Thailand's capital markets.

This acquisition reflects Webull's commitment to enhancing the digital investment experience for Thailand's new generation of investors as well as its commitment to scaling its footprint across the broader Southeast Asian financial ecosystem. It also demonstrates Webull's confidence in the potential of Thailand's financial and capital markets, as well as the value of Pi Securities, including its customer base, expertise in the Thai capital markets, investment product capabilities, and long-standing experience in serving Thai investors.

By merging Pi Securities' deep understanding of Thailand's capital markets with Webull's world-class digital investing platform, Webull expects to expand its offering of investment products and build a comprehensive ecosystem to meet the needs of Thailand's investors.

"We remain committed to prioritizing the care of clients and investment consultants across both Webull and Pi Securities. We are also fully dedicated to upholding and enhancing service standards throughout this transition," said Chonladet Khemarattana, Chief Executive Officer of Webull Thailand. "This investment will enable us to integrate Webull's strengths in technology, infrastructure, and platform development capabilities with Pi Securities' expertise in Thailand's capital markets, its investment product offerings, and its client service experience. Together, this will enhance our competitive capabilities and support sustainable long-term growth."

The acquisition will be carried out through a share purchase agreement signed between Webull Thailand's direct parent company and Country Group Holdings Public Company Limited ("CGH"), the controlling shareholder of Pi Securities, under which Webull will purchase all of the shares held by CGH at a price that values Pi Securities at approximately US$100 million. Completion remains subject to the satisfaction of customary closing conditions, including relevant regulatory approvals and shareholder approvals. Disclosure of the acquisition was submitted to the Stock Exchange of Thailand (SET) on 29 June 2026 in accordance with relevant rules and regulations.

About Webull Thailand

Webull Securities (Thailand) Co., Ltd. is a leading financial services provider, licensed to conduct securities business by the Ministry of Finance and regulated by the Securities and Exchange Commission Thailand (SEC). The company is also the 9th member of the Stock Exchange of Thailand (SET). Webull Thailand provides Thai investors with seamless access to investment opportunities across the U.S., Thai, Hong Kong, and China A-Share markets, including stocks, ETFs, and options, through a secure and intuitive digital investment platform. The company is committed to delivering innovative investment solutions while upholding the highest standards of service, technology, and security for Thai investors. Learn more at www.webull.co.th.

About Webull Corporation

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure and AI technologies. Through its global network of licensed brokerages, Webull offers investment services in 16 markets across North America, Asia Pacific, Europe, Africa, and Latin America. Webull serves more than 27 million registered users globally, providing retail and institutional investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities

Webull to Strengthen its Presence in Thailand by Acquiring Pi Securities

LOS ANGELES, June 30, 2026 /PRNewswire/ -- Zenerate, an AI-powered real estate feasibility platform, is pleased to announce a new partnership with AvalonBay Communities, Inc., one of the leading multifamily housing companies in the United States.

AvalonBay is focused on developing, redeveloping, acquiring, and managing distinctive apartment communities in select U.S. markets. Through this partnership, AvalonBay will use Zenerate's enterprise software platform to support early-stage development feasibility workflows.

Zenerate's platform helps development teams evaluate site potential, generate and compare design scenarios, review unit mix and parking assumptions, and analyze project feasibility during the earliest stages of decision-making. For multifamily developers, these early evaluations are critical to understanding whether a site aligns with project goals, development constraints, and investment strategy before moving deeper into acquisition, design, financing, or entitlement.

The partnership reflects the growing role of technology in real estate development. As development teams navigate changing market conditions, zoning requirements, construction costs, and site constraints, faster and more structured feasibility analysis can help reduce uncertainty and support better decision-making from the start.

By using Zenerate, AvalonBay teams can explore multiple development scenarios more efficiently and gain clearer insight into how different site planning assumptions may affect project outcomes. The platform is designed to help teams move from initial site review to actionable feasibility analysis with greater speed, clarity, and consistency.

"We are experiencing a powerful push for AI Transformation firsthand from global real estate development and management firms," said Benji Shin, CEO of Zenerate. "In fact, numerous global enterprises are already collaborating with us through the Zenerate platform and our custom software development services. This demand has grown exponentially this year compared to last."

This partnership represents another step in Zenerate's continued growth as a feasibility platform for multifamily developers and real estate development teams. By combining AI-powered design automation with real-time feasibility analysis, Zenerate helps teams evaluate more opportunities, compare development options, and make more informed early-stage decisions.

About Zenerate

Zenerate is an AI-powered real estate feasibility platform that helps developers evaluate development opportunities faster. The platform supports early-stage feasibility workflows, including site planning, test fits, unit mix studies, parking layouts, design option generation, and pro forma analysis. Zenerate helps teams explore multiple development scenarios quickly so they can make more informed decisions during acquisition, planning, and early design.

For more information, visit https://www.zenerate.ai.

About AvalonBay Communities

AvalonBay Communities, Inc. is a leading multifamily housing company focused on developing, redeveloping, acquiring, and managing distinctive apartment communities in select U.S. markets.

For more information, visit https://www.avaloncommunities.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Zenerate Announces Partnership with AvalonBay Communities to Support Early-Stage Multifamily Feasibility Analysis

Zenerate Announces Partnership with AvalonBay Communities to Support Early-Stage Multifamily Feasibility Analysis

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