Wetouch Technology Inc. (WETH) Form 8-K — Jul 31, 2026
$WETHForm 8-KItems 1.01, 3.02, 9.01Filed Jul 31, 2026, 5:23 PM ET0001213900-26-084117Original filing
Wetouch Technology Inc. entered into share purchase agreements with controlling shareholders Qixun Technology Limited and Qihong Technology Limited to sell an aggregate of 31,037,830 shares of common stock. The private placement is priced at $1.25 per share, a premium to the market under Nasdaq rules, for total gross proceeds of approximately $38.8 million.
Key figures
- Offering Price
- 1.25
- Shares Offered
- 31037830
- Lockup period
- 1 year
- Premium to market
- Yes
Price after filing
1 day: 0.0%7 days: -9.4%30 days: -2.6%
Close on the filing date to close N calendar days later (from $1.17). Historical, not a forecast.
AI analysis
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