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Webus International (NASDAQ: WETO) flagged on Nasdaq bid price rule

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Webus International Limited reported that it received a Nasdaq deficiency letter on December 30, 2025, because its ordinary shares traded below the required minimum bid price of $1.00 per share for 31 consecutive business days under Nasdaq Listing Rule 5550(a)(2). The company has 180 calendar days, until June 29, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. The notice has no immediate effect on the listing or trading of Webus shares on the Nasdaq Capital Market, and the company plans to monitor its share price and consider available options to restore compliance.

Positive

  • None.

Negative

  • Nasdaq compliance risk: Webus International Limited is not in compliance with Nasdaq’s $1.00 minimum bid price rule and must regain compliance by June 29, 2026.

Insights

Nasdaq minimum bid price deficiency adds listing risk if not cured.

Webus International Limited has fallen out of compliance with Nasdaq’s $1.00 minimum bid price rule after trading below that level for 31 consecutive business days. Nasdaq has granted a 180-calendar-day grace period, until June 29, 2026, for the company to bring its closing bid back to at least $1.00 per share for ten straight business days.

This situation introduces listing risk if the company does not regain compliance, even though the letter currently has no effect on trading or listing status. Management indicates it will monitor the share price and may use available options, which can include measures such as corporate actions or business initiatives, depending on future conditions.

The key milestone is whether the stock trades at or above $1.00 for ten consecutive business days before June 29, 2026. Subsequent disclosures may clarify any specific actions the company chooses to take in response to this deadline.

 

 


 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 January 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 x      Form 40-F ¨

 

 

 

  

Notice of Receipt of Nasdaq Deficiency Letter

 

On December 30, 2025, Webus International Limited (the “Company”) received a deficiency letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had failed to comply with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), as the bid price of the Company’s ordinary shares had been below $1.00 per share for 31 consecutive business days. The Company has been provided a 180-calendar-day compliance period, expiring on June 29, 2026, to regain compliance.

 

The deficiency letter does not have an immediate impact on the listing or trading of the Company’s ordinary shares on the Nasdaq Capital Market. The Company intends to actively monitor the bid price of its securities and will consider all available options to regain compliance within the applicable compliance period.

 

The Company issued a press release on January 5, 2026, announcing the receipt of the deficiency letter. A copy of the press release is furnished as Exhibit 99.1 to this report.

 

Forward-Looking Statements

 

This report on Form 6-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include statements regarding the Company’s intent, belief or current expectations, including, but not limited to, statements regarding the Company’s plans or expectations to regain compliance with Nasdaq listing requirements and the potential impact of the deficiency notice. These statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, the Company’s ability to regain and maintain compliance with Nasdaq listing standards, general economic and market conditions, and other factors detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.

 

All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

EXHIBITS

 

Exhibit

No.

 

Description

99.1


Press Release dated January 5, 2026

 

 

2

 

 

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: January 7, 2026


 

3

 

Exhibit 99.1


Webus International Limited Receives Nasdaq Notice Regarding Minimum Bid Price Requirement

 

New York, US, Jan. 05, 2026 (GLOBE NEWSWIRE) --  Webus International Limited (the “Company”) (Nasdaq: WETO) today announced that it has received a deficiency letter from the Nasdaq Stock Market LLC (“Nasdaq”) dated December 30, 2025 (the “Letter”), indicating that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.

 

The Letter stated that the Company has been provided a compliance period of 180 calendar days, or until June 29, 2026, to regain compliance with the minimum bid price requirement. During this compliance period, the Company’s ordinary shares must have a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days.

 

The Letter has no immediate effect on the listing or trading of the Company’s ordinary shares on the Nasdaq Capital Market. The Company intends to monitor the closing bid price of its ordinary shares and may consider available options to regain compliance with the Nasdaq minimum bid price requirement.

 

About Webus International Limited (NASDAQ: WETO)

 

Webus International Limited (NASDAQ: WETO) is a global TravelTech company providing AI-driven customized travel and digital mobility solutions for global travelers. Through its flagship brand Wetour Travel Tech LLC and regional subsidiaries, WETO offers premium chauffeur services, personalized itineraries, and blockchain-enabled travel products across North America, Asia, and the Middle East. For more information, please visit www.wetourglobal.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

 

Investor Relations Contact:

Annabelle Li

Investor Relations – Webus International Limited

Email: ir.annabelle@webus.vip

 


FAQ

Why did Webus International Limited (WETO) receive a Nasdaq deficiency letter?

Webus International Limited received a Nasdaq deficiency letter because the bid price of its ordinary shares was below $1.00 per share for 31 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

How long does Webus International Limited (WETO) have to regain Nasdaq bid price compliance?

The company has a 180-calendar-day compliance period, until June 29, 2026, to regain compliance with the Nasdaq minimum bid price requirement.

What must Webus International Limited (WETO) do to regain Nasdaq minimum bid price compliance?

To regain compliance, Webus International Limited’s ordinary shares must have a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days within the compliance period.

Does the Nasdaq deficiency letter immediately affect trading in WETO shares?

No. The deficiency letter has no immediate effect on the listing or trading of Webus International Limited’s ordinary shares on the Nasdaq Capital Market.

What actions does Webus International Limited (WETO) plan in response to the Nasdaq notice?

The company states that it intends to monitor the closing bid price of its ordinary shares and may consider available options to regain compliance with the Nasdaq minimum bid price requirement.

What business does Webus International Limited (WETO) operate?

Webus International Limited is a global TravelTech company providing AI-driven customized travel and digital mobility solutions, including premium chauffeur services and personalized itineraries across multiple regions.
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