TLDRWebull stock rises 0.42% pre-market to $9.61 after its $100M Pi Securities deal.Webull’s $100M Pi Securities deal gives it a 99.36% stake in the Thai broker.Webull expands its Thailand reach across brokerage, research, and wealth services.Webull targets THB 200 billion in combined assets with Pi Securities in Thailand.Webull will keep both brands separate while expanding its Thailand operations.Webull Corporation (BULL) stock gained 0.42% to $9.61 during Wednesday’s pre-market trading. The move followed Webull’s completed acquisition of Thailand-based Pi Securities. Webull spent about $100 million to secure a 99.36% ownership position.Webull Corporation Class A Ordinary Shares, BULLWebull Completes $100M Pi Securities AcquisitionWebull completed the Pi Securities share acquisition on August 31 after receiving approval from Thailand’s Securities and Exchange Commission. The company acquired shares through agreements involving its Singapore holding company and Country Group Holdings. Together, those purchases gave Webull almost complete control of Pi Securities.Webull initially purchased about 90.98% of Pi Securities from Country Group Holdings for approximately $90 million. The company then acquired another 8.38% stake from a separate shareholder. Webull paid $10 million for that additional ownership interest.The deal expands Webull’s position within Thailand’s growing financial and capital markets. Pi Securities has operated in Thailand’s brokerage industry for more than five decades. The company holds established positions across equities, derivatives, research, advisory services, and wealth management.Thailand Expansion Supports Webull Growth StrategyWebull plans to combine its digital trading technology with Pi Securities’ established local financial services. Pi Securities brings local market research, investment specialists, and an experienced advisory network. Meanwhile, Webull provides trading infrastructure, data systems, technology, and global market access.The combined business will also expand access to overseas securities and international investment themes. Webull plans to use Pi Securities’ depositary receipt capabilities alongside its global partnerships. That combination could broaden the range of products available across Thailand’s financial market.Webull also plans to strengthen research, wealth management, technology development, and specialist advisory services. The company sees further opportunities within Thailand’s high-net-worth and mass-affluent segments. Its regional network could also support cross-border financial services across the Asia-Pacific region.Webull Targets THB 200 Billion in Combined AssetsWebull has set a combined asset under management target of THB 200 billion with Pi Securities. The target highlights Webull’s broader plan to increase its scale across Thailand. It also reflects the company’s push toward a wider financial services ecosystem.Webull has already developed services targeting different customer groups within Thailand. Its Webull Prime program targets high-net-worth clients through specialized financial services. Separately, banking partnerships and the planned TrueMoney Mini App could extend Webull’s reach among retail customers.Webull Thailand and Pi Securities will initially maintain separate brands and independent operations. Both companies plan to continue providing existing services without disrupting customer access. Their combined technology and market expertise will support Webull’s longer-term expansion across Thailand. The post Webull Corporation (BULL) Stock: Rises as $100M Pi Securities Deal Fuels Thailand Expansion appeared first on Blockonomi.