Wetour Robotics ends $50M stock sale program
Wetour Robotics Ltd (WETO) reports the termination of its existing at-the-market equity offering program conducted under a Form F-3 shelf registration and related prospectus supplements.
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Rhea-AI Filing Summary
Wetour Robotics Ltd (WETO) reports the termination of its existing at-the-market equity offering program conducted under a Form F-3 shelf registration and related prospectus supplements. The prior July 6, 2026 supplement covered offerings of Ordinary Shares of up to $50,000,000 under an At Market Sales Agreement with Chaince Securities, LLC.
Wetour Robotics states that since the July 6, 2026 prospectus supplement, it has offered and sold 25,606,595 Ordinary Shares for gross proceeds of approximately $2,290,279 pursuant to that Sales Agreement. On August 19, 2026, the company suspended sales, gave notice terminating the Sales Agreement and the related at-the-market offering, and is also terminating the related prospectuses, with these terminations becoming effective 5 calendar days after August 19, 2026.
Key Figures
Key Terms
At Market Sales Agreement financial
at-the-market offering financial
prospectus supplement regulatory
Form F-3 regulatory
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Wetour Robotics (WETO) disclosing in this 424B5 prospectus supplement?
How much did Wetour Robotics (WETO) raise under the at-the-market program?
What was the maximum size of Wetour Robotics’ (WETO) at-the-market offering?
When does the termination of Wetour Robotics’ (WETO) At Market Sales Agreement become effective?
Who acted as sales agent for Wetour Robotics’ (WETO) at-the-market offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.