STOCK TITAN

Wetour Robotics (NASDAQ: WETO) regains Nasdaq minimum bid price compliance

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

Rhea-AI Filing Summary

Wetour Robotics Limited has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq notified the company on June 23, 2026 that its ordinary shares closed at or above $1.00 per share for 10 consecutive business days from June 8 to June 22, 2026, satisfying Listing Rule 5550(a)(2). This resolves a deficiency first flagged on December 30, 2025, when the shares had traded below $1.00 for 30 consecutive business days and triggered a 180-day cure period through June 29, 2026. The company achieved compliance within this original period and did so without executing a previously authorized one-for-ten share consolidation, although that authorization remains in effect. Management emphasizes continued focus on commercial execution of its Orchestra Physical AI operating system and edge AI roadmap.

Positive

  • Nasdaq listing compliance restored: The company regained compliance with Nasdaq Listing Rule 5550(a)(2) after its ordinary shares closed at or above $1.00 for 10 consecutive business days, removing an immediate delisting overhang.
  • No reverse split required so far: Compliance was achieved within the initial 180-day cure period without executing the previously authorized one-for-ten share consolidation, avoiding near-term mechanical dilution from that action.

Negative

  • Ongoing listing risk acknowledged: The company cautions there is no assurance it will maintain compliance with the minimum bid price requirement or other Nasdaq standards, leaving potential future listing risk if performance or trading weaken.

Insights

Wetour removes near-term Nasdaq delisting risk but must sustain its share price.

Wetour Robotics received confirmation from Nasdaq on June 23, 2026 that it again meets the $1.00 minimum bid price rule after 10 straight trading days above that level. This closes a deficiency opened when the stock spent 30 consecutive business days below $1.00 and entered a 180‑day cure window through June 29, 2026.

The company achieved this within the original compliance period and explicitly notes it did so without implementing a one‑for‑ten share consolidation. However, shareholder authorization for a future consolidation, approved on February 27, 2026, remains effective, preserving flexibility if market conditions change.

The disclosure also highlights execution of the Orchestra Physical AI operating system and edge AI commercial roadmap as strategic priorities. Forward‑looking statements warn there is no assurance Wetour will maintain compliance with Nasdaq standards, so future performance and trading levels will determine whether listing stability persists.

Minimum bid price threshold $1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement
Days below $1.00 30 consecutive business days Triggering Nasdaq deficiency on December 30, 2025
Days at or above $1.00 10 consecutive business days June 8–22, 2026; basis for regaining compliance
Compliance period length 180 days Cure period ending June 29, 2026
Authorized share consolidation ratio One-for-ten Share consolidation authorization deferred on May 26, 2026
EGM authorization date February 27, 2026 Shareholders authorized potential share consolidation
Nasdaq Listing Rule 5550(a)(2) regulatory
"indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”)"
minimum bid price requirement regulatory
"notifying the Company that it has regained compliance with Nasdaq’s minimum bid price requirement and that the matter is closed"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
share consolidation financial
"the Company’s board of directors determined to defer the previously authorized one-for-ten share consolidation"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
Physical AI operating system technical
"execution of its Orchestra Physical AI operating system and edge AI commercial roadmap"
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Nasdaq Capital Market market
"continued listing requirements of the Nasdaq Capital Market; the timing, ratio, and ultimate implementation"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

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 June 2026

 

Commission File Number: 001-42536

 

Wetour Robotics Limited

(Translation of registrant’s name into English)

 

Room 7003

3300 N Interstate 35 Ste 700

Austin, TX 78705

(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 ☐

 

 

 

 

 

Incorporation by Reference

 

This report on Form 6-K (the “Report”) shall be deemed to be incorporated by reference into the registration statements on Form S-8 (File No. 333-291960 and Form F-3 (File Nos. 333-294373 and 333-295457) of the Company, including any prospectuses forming a part of such registration statements, and to be a part thereof from the date on which this Report is filed with the U.S. Securities and Exchange Commission (the “SEC”), to the extent not superseded by documents or reports subsequently filed or furnished.

 

Receipt of Nasdaq Notification Regarding Compliance with Nasdaq Minimum Bid Price Requirement

 

As previously disclosed, Wetour Robotics Limited, an exempted company with limited liability formed in the Cayman Islands (the “Company”), received a deficiency letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) on December 30, 2025, indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”), as the closing bid price of the Company’s ordinary shares had been below $1.00 per share for 30 consecutive business days. In accordance with the Nasdaq Listing Rules, the Company was provided a 180-day compliance period, or until June 29, 2026, to regain compliance with the Bid Price Rule.

 

On June 23, 2026, the Company received written notification from the Staff stating that the closing bid price of the Company’s ordinary shares had been at or above the minimum requirement of $1.00 per share for 10 consecutive business days, from June 8, 2026 through June 22, 2026. Accordingly, the Staff notified the Company that it has regained compliance with the Bid Price Rule and that the matter is closed.

 

On June 29, 2026, the Company issued a press release announcing that it had regained compliance with the Nasdaq minimum bid price requirement. A copy of the press release is filed as Exhibit 99.1 to this Report on Form 6-K.

 

EXHIBITS

 

Exhibit No.   Description
99.1   Press Release dated June 29, 2026

 

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.

 

  Wetour Robotics Limited
     
  By: /s/ Nan Zheng
  Name:  Nan Zheng
  Title: Chief Executive Officer

 

Date: June 30, 2026

 

2

 

Exhibit 99.1 

 

 

 

Wetour Robotics Regains Compliance with Nasdaq Minimum Bid Price Requirement; Matter Closed

 

Compliance regained within the original 180-day period and without a share consolidation as the Company continues to focus on Orchestra Physical AI commercial execution.

 

Austin, TX, June 29, 2026 (GLOBE NEWSWIRE) -- Wetour Robotics Limited (NASDAQ: WETO) (“Wetour Robotics” or the “Company”), a Physical AI infrastructure and wearable robotics company, today announced that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on June 23, 2026, notifying the Company that it has regained compliance with Nasdaq’s minimum bid price requirement and that the matter is closed.

 

As previously disclosed, the Company received a deficiency letter from Nasdaq on December 30, 2025, indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”), as the closing bid price of the Company’s ordinary shares had been below $1.00 per share for 30 consecutive business days. In accordance with the Nasdaq Listing Rules, the Company was provided a 180-day compliance period, through June 29, 2026, to regain compliance with the Bid Price Rule.

 

In its June 23, 2026 notification, Nasdaq stated that the closing bid price of the Company’s ordinary shares had been at or above the minimum requirement of $1.00 per share for 10 consecutive business days, from June 8, 2026 through June 22, 2026. Accordingly, Nasdaq notified the Company that it has regained compliance with the Bid Price Rule and that the matter is now closed.

 

The Company regained compliance within the original compliance period and without effecting a share consolidation. On May 26, 2026, the Company’s board of directors determined to defer the previously authorized one-for-ten share consolidation as the Company continued to prioritize execution of its Orchestra Physical AI operating system and edge AI commercial roadmap. The shareholder authorization to effect a share consolidation, granted at the extraordinary general meeting on February 27, 2026, remains in full force and effect.

 

“With this matter closed, our attention remains exactly where we placed it — on Orchestra commercial execution,” said Nan Zheng, Chief Executive Officer of Wetour Robotics. “We regained compliance within the original period and without a share consolidation, while continuing to focus on our Physical AI operating system, edge AI roadmap, developer ecosystem, and partnerships. That is the work that defines the Company, and it is where our focus remains.”

 

About Wetour Robotics Limited

 

Wetour Robotics Limited (NASDAQ: WETO) is a Physical AI infrastructure and wearable robotics company developing Orchestra — a portable AI hub and operating system. Orchestra’s sensory modules include VisionLink (computer vision), Conductor (sEMG-based neural gesture recognition), and Spatial Intent Fusion (pointing direction coordinated with neural gesture input). Headquartered in Austin, Texas. Visit www.wetourrobotics.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “focus,” “remains,” “execution,” “roadmap,” “concentrate,” “intends,” “may,” “will,” and similar expressions identify forward-looking statements. Risks and uncertainties include, without limitation: the Company’s ability to maintain compliance with Nasdaq Listing Rule 5550(a)(2) and the other continued listing requirements of the Nasdaq Capital Market; the timing, ratio, and ultimate implementation (if any) of any future share consolidation under the authorization that remains in effect; the Company’s ability to execute its Orchestra Physical AI operating system and edge AI commercial roadmap; the performance, integration, and commercial readiness of VisionLink, Conductor, and Spatial Intent Fusion; and other risks described in the Company’s filings with the Securities and Exchange Commission. There can be no assurance that the Company will maintain compliance with the minimum bid price requirement or other Nasdaq listing standards. Actual results may 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

ir.annabelle@webus.vip

 

FAQ

What did Wetour Robotics (WETO) announce regarding its Nasdaq listing?

Wetour Robotics announced it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed the company’s shares traded at or above $1.00 for 10 consecutive business days, closing a deficiency first noted in December 2025 and preserving its current listing.

Why was Wetour Robotics (WETO) previously out of compliance with Nasdaq rules?

The company fell out of compliance because its ordinary shares closed below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). This triggered a 180-day cure period, ending June 29, 2026, during which Wetour needed to restore its minimum bid price to maintain listing.

How did Wetour Robotics regain compliance with Nasdaq’s bid price rule?

Wetour regained compliance after its shares closed at or above $1.00 per share for 10 consecutive business days from June 8–22, 2026. Nasdaq’s Listing Qualifications Department then notified the company on June 23, 2026 that it met Listing Rule 5550(a)(2) and closed the deficiency matter.

Did Wetour Robotics execute a share consolidation to meet Nasdaq’s requirements?

Wetour did not execute a share consolidation to regain compliance. The board had previously authorized a one-for-ten share consolidation, but decided on May 26, 2026 to defer it while focusing on Orchestra Physical AI commercial execution. The shareholder authorization for a future consolidation remains in force.

What risks does Wetour Robotics highlight after regaining Nasdaq compliance?

The company notes risks tied to maintaining compliance with Nasdaq’s minimum bid price rule and other listing standards. It also cites execution risks for its Orchestra Physical AI operating system, edge AI commercial roadmap, and related technologies such as VisionLink, Conductor, and Spatial Intent Fusion.

What is Wetour Robotics’ Orchestra Physical AI platform?

Orchestra is described as a portable AI hub and operating system for Physical AI and wearable robotics. It integrates sensory modules including VisionLink for computer vision, Conductor for sEMG-based neural gesture recognition, and Spatial Intent Fusion, which coordinates pointing direction with neural gesture input.

Filing Exhibits & Attachments

1 document