Wetour Robotics Ltd (WETO) Form 6-K — Aug 26, 2026
On August 26, 2026, Wetour Robotics Limited entered into a sales agreement with Rodman & Renshaw LLC establishing an at-the-market offering program under which the company may issue and sell up to US$75,000,000 of ordinary shares from time to time. The offering is registered under the company's Form F-3 shelf (Registration No. 333-294373), supplemented by a prospectus supplement dated August 26, 2026. Rodman & Renshaw will act as sales agent and/or principal, selling shares at prevailing market prices on the Nasdaq Capital Market, and earns a commission of up to 3.0% of gross proceeds plus expense reimbursements.
Key figures
- Gross Proceeds
- up to $75,000,000
- Atm program size
- US$75,000,000
- Par value per share
- US$0.01
- Sales agent commission
- up to 3.0% of gross proceeds
- Recent placement shares
- 2000000
- Sales agent counsel fee cap
- $50,000
- Due diligence fee per semiannual period
- $10,000
AI analysis
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