Wetour Robotics raises at-the-market offering to $50M on Nasdaq

Wetour Robotics Limited (Nasdaq: WETO) filed a prospectus supplement to increase its at-the-market equity offering to up to $50,000,000 in ordinary shares, according to a Form 424B5 filing dated July 6, 2026.

The company originally entered into a Sales Agreement with Chaince Securities, LLC on May 15, 2026, which was amended on July 6, 2026. Since the agreement was established, Wetour Robotics has sold 20,000 ordinary shares for gross proceeds of approximately $14,246.

The $50,000,000 figure represents additional shares to be offered and does not include shares previously sold under the Sales Agreement.

As of the filing date, the company's public float was approximately $76,235,664, based on 65,720,400 ordinary shares held by non-affiliates out of 82,080,000 total shares outstanding. The float calculation used a reference price of $1.16 per share, the highest closing price on the Nasdaq Capital Market in the prior 60 days.

On July 2, 2026, the last reported sale price of WETO shares was $0.7927 per share on the Nasdaq Capital Market.

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