STOCK TITAN

Wetouch holders approve new stock issuance

Wetouch Technology Inc. stockholders approved a Nasdaq Listing Rule 5635 share issuance proposal at the 2026 Special Meeting.

(Moderate)
(Negative)
Form Type
8-K

Rhea-AI Filing Summary

Wetouch Technology Inc. (WETH) reports that stockholders held a 2026 Special Meeting of Stockholders on September 4, 2026 in Meishan, Sichuan, China. A quorum was present, and stockholders approved an issuance of common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited pursuant to share purchase agreements, in accordance with Nasdaq Listing Rule 5635.

The Issuance Proposal received 5,538,683 votes for, 1,962,165 votes against, and 142,866 abstentions.

Positive

  • None.

Negative

  • None.

Filing Explained

The September 4 vote approved the proposed share issuance, but this 8-K does not report that the shares were issued; dilution would arise only if additional shares are later issued.

Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Issuance Proposal 5,538,683 votes Stockholder approval of common stock issuance on September 4, 2026
Votes against Issuance Proposal 1,962,165 votes Stockholder approval of common stock issuance on September 4, 2026
Abstentions on Issuance Proposal 142,866 votes Stockholder approval of common stock issuance on September 4, 2026
Meeting date September 4, 2026 2026 Special Meeting of Stockholders approving share issuance
Special Meeting of Stockholders regulatory
"held its 2026 Special Meeting of Stockholders at No. 29, Third Main Avenue"
A special meeting of stockholders is an unscheduled gathering called to let shareholders vote on specific, often urgent company decisions—like mergers, major asset sales, changes to the board, or amendments to governing rules. Think of it as an emergency town hall where owners cast ballots in person or by mail/online; outcomes can materially change a company’s strategy, control or value, so investors pay close attention and may need to vote or adjust holdings accordingly.
Nasdaq Listing Rule 5635 regulatory
"issuance of shares of common stock ... in accordance with Nasdaq Listing Rule 5635"
Nasdaq Listing Rule 5635 is a stock-exchange rule that requires a listed company to get shareholder approval before issuing a large number of new shares or other securities that can convert into shares or carry voting power beyond set thresholds. Investors should care because these approvals prevent unexpected dilution of existing ownership and sudden shifts in voting control—think of it like needing agreement from current owners before cutting the pizza into many more slices that shrink each person’s piece.
share purchase agreements financial
"pursuant to certain share purchase agreements in accordance with Nasdaq Listing Rule 5635"
A share purchase agreement is a legal contract that sets out the terms for buying and selling a company's shares, like a detailed receipt that explains what is being sold, the price, and any conditions that must be met. Investors care because it determines who will own the company, when ownership changes hands, and what protections or obligations each side has—factors that directly affect the value, risks, and timing of an investment.
Emerging growth company regulatory
"12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What did Wetouch Technology Inc. (WETH) stockholders approve at the 2026 Special Meeting?

Stockholders approved the issuance of common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited pursuant to certain share purchase agreements, in accordance with Nasdaq Listing Rule 5635.

What were the voting results for WETH’s Issuance Proposal on September 4, 2026?

For the Issuance Proposal, Wetouch Technology Inc. reports 5,538,683 votes for, 1,962,165 votes against, and 142,866 abstentions at the 2026 Special Meeting of Stockholders.

When and where did Wetouch Technology Inc. (WETH) hold its 2026 Special Meeting?

Wetouch Technology Inc. held its 2026 Special Meeting of Stockholders on September 4, 2026 at No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, China.

Which parties will receive Wetouch Technology Inc. (WETH) common stock under the approved proposal?

Under the approved Issuance Proposal, Wetouch Technology Inc. will issue common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited pursuant to certain share purchase agreements.

How does Nasdaq Listing Rule 5635 relate to WETH’s approved share issuance?

Wetouch Technology Inc. states that the issuance of common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited was approved by stockholders in accordance with Nasdaq Listing Rule 5635.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):September 4, 2026

 

WETOUCH TECHNOLOGY INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41957   20-4080330

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

No.29, Third Main Avenue, Shigao Town, Renshou County,

Meishan, Sichuan, China 620500

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (86) 28-37390666

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   WETH   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On September 4, 2026, Wetouch Technology Inc. (the “Company”), held its 2026 Special Meeting of Stockholders (the “Special Meeting”) at No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan Sichuan, China. A quorum was present at the Special Meeting, and Stockholders approved the issuance of shares of common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited pursuant to certain share purchase agreements in accordance with Nasdaq Listing Rule 5635.

 

The following is a summary of the voting result for the matter submitted to the stockholders:

 

Proposal One Issuance Proposal

 

The stockholders of the Company approved the issuance of shares of common stock to Qixun Technology (Samoa) Limited and Qihong Technology (Samoa) Limited pursuant to certain share purchase agreements in accordance with Nasdaq Listing Rule 5635, as follows:

 

For   Against   Abstain
5,538,683   1,962,165   142,866

 

1

 

 

SIGNATURES

 

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 hereunto duly authorized.

 

  WETOUCH TECHNOLOGY INC.
   
Date: September 4, 2026 By: /s/ Zongyi Lian
  Name:  Zongyi Lian
  Title:

President and Chief Executive officer

(Principal Executive Officer)

 

2

 

Filing Exhibits & Attachments

3 documents