Direct listing · WETO
Wetour Robotics Ltd
Formerly Webus International Ltd.
Wetour Robotics Ltd (WETO) went public through a direct listing on Nasdaq Capital Market on Feb 27, 2025, with a reference price of $4.00. VCL Law, Ogier and Allbright Law Offices advised the company and Loeb & Loeb and Beijing Yingke (Hangzhou) Law Firm advised the underwriters.
At its 2025 direct listing, Webus International Limited (now Wetour Robotics) was a Cayman Islands holding company operating in China's collective mobility service market, using privately operated vans and buses for large-group travel, with AI-augmented online support and 24-7 itinerary management.
- Status
- Direct listing
- Ticker
- WETO
- Exchange
- Nasdaq Capital Market
- Listed
- Feb 27, 2025
- Price
- $4.00
- Raised
- $8M
- Market cap at IPO price
- $88M
- First filed
- Feb 10, 2023
- Company counsel
- VCL Law, Ogier and Allbright Law Offices
- Underwriters' counsel
- Loeb & Loeb and Beijing Yingke (Hangzhou) Law Firm
- Sector
- Transportation
- Country / state
- TX
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Filings
- Registration statement (F-1) first filed Feb 10, 2023
- Latest amendment Feb 25, 2025
- Final prospectus (424B4) Feb 27, 2025
- All filings on EDGAR CIK 1941158
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