Webull Corporation has filed an F-1 registration statement that would allow YA II PN, Ltd., an affiliate of Yorkville Advisors, to resell up to 75.2 million Class A ordinary shares. The stock may be issued under a $1 billion standby equity purchase agreement the parties signed on 1 July. The registration covers 159,236 commitment shares already issued to the investor at a deemed price of $12.56 apiece, plus as many as 75 million additional shares that could be issued should Yorkville draw on the facility. Because the filing is limited to resale, Webull would not receive proceeds from any secondary sales by the investor. Webull’s shares fell roughly 11 percent in after-hours trading, to $15.05, after publication of the filing.