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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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