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[6-K] Webus International Ltd. Current Report (Foreign Issuer)

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6-K

Rhea-AI Filing Summary

Webus International Limited entered into securities purchase agreements for a private investment in public equity with ten purchasers under Regulation S. The company agreed to issue and sell 60,000,000 ordinary shares at $0.086 per share for gross proceeds of $5.16 million.

The new shares are not registered under the U.S. Securities Act and may only be offered or sold in the United States if an exemption applies or registration occurs. Closing is expected on or about March 18, 2026, subject to customary conditions, including required approvals and notifications under applicable laws and regulations.

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Insights

Webus raises $5.16M through a discounted offshore equity sale.

Webus International Limited plans a Regulation S private investment in public equity, issuing 60,000,000 ordinary shares at $0.086 per share for total gross proceeds of $5.16 million. This adds new capital directly to the company rather than existing holders.

The transaction is described as subject to customary closing conditions, including approvals and notifications required under applicable laws and regulations, with closing expected on or about March 18, 2026. Actual impact will depend on completion of the closing and how the additional capital is ultimately deployed.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-42536

 

Webus International Limited

(Translation of registrant’s name into English)

 

25/F, UK Center, EFC, Yuhang District

Hangzhou, China 311121

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒     Form 40-F ☐ 

 

 

 

 

 

 

 

Results of Extraordinary General Meeting of Webus International Limited

 

On March 2, 2026, Webus International Limited (the “Company”) entered into securities purchase agreements (the “Agreement”) with ten purchasers (the “Purchasers”) for a private investment in public equity transaction in reliance on Regulation S under the Securities Act of 1933, as amended (the “Act”). Pursuant to the Agreement, the Company agreed to issue and sell to the Purchasers an aggregate of 60,000,000 ordinary shares, par value $0.0001 per share (the “Shares”), at a purchase price of $0.086 per Share, for gross proceeds to the Company of $5.16 million. The Shares have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 

The closing of the transaction is expected to occur on or about March 18, 2026, subject to the satisfaction or waiver of customary closing conditions, including receipt of any required approvals and notifications under applicable laws and regulations.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is attached to this report on Form 6-K as Exhibit 10.1.

 

The information in this report, including Exhibit 10.1, is furnished to the U.S. Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. 

 

EXHIBITS

 

Exhibit No.   Description
10.1   Form of Securities Purchase Agreement

 

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, thereunto duly authorized.

 

  Webus International Limited
     
  By: /s/ Nan Zheng
  Name: Nan Zheng
  Title: Chief Executive Officer

 

Date: March 5, 2026

 

2

 

Filing Exhibits & Attachments

1 document
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