Wetour Robotics Limited (Nasdaq: WETO) announced a 1-for-100 share consolidation of its ordinary shares, effective August 3, 2026, according to a press release from the Austin, Texas-based company.

Prior to the consolidation, 107,783,305 ordinary shares are issued and outstanding. Following the consolidation, approximately 1,077,834 ordinary shares will be issued and outstanding. Every 100 shares will be combined into one share, with fractional shares rounded up to the next whole share.

The company's ordinary shares will continue trading on the Nasdaq Stock Market under the symbol "WETO" on a post-consolidation basis beginning at market open on August 3, 2026, under the new CUSIP number G9513A119. The company is authorized to issue 10,000,000 ordinary shares at a par value of $0.01 each following the consolidation.

All outstanding stock options, warrants, and other rights to purchase the company's ordinary shares will be adjusted proportionately as a result of the consolidation. Shareholders holding shares through a bank, broker, or other nominee will have their shares automatically adjusted to reflect the change.