SplitJul 29, 2026, 06:19 PM
Wetour Robotics Announces 1-for-100 Share Consolidation
AI Summary
Wetour Robotics Limited announced a 1-for-100 share consolidation of its ordinary shares, effective August 3, 2026. The company's shares will continue to trade on Nasdaq under the symbol "WETO" with a new CUSIP number. This action will reduce the number of outstanding shares from approximately 107.8 million to about 1.08 million, with fractional shares rounded up. All outstanding stock options, warrants, and other rights will be adjusted proportionally.
Key Highlights
- Wetour Robotics announced a 1-for-100 share consolidation of its ordinary shares.
- The share consolidation will be effective on August 3, 2026.
- Shares will begin trading on a post-consolidation basis on August 3, 2026.
- The new CUSIP number for the ordinary shares will be G9513A119.
- Prior to consolidation, 107,783,305 ordinary shares were issued and outstanding.
- Approximately 1,077,834 ordinary shares will be outstanding after the consolidation.
- Fractional shares resulting from the consolidation will be rounded up to the next whole share.
- All outstanding stock options, warrants, and other rights will be adjusted proportionately.
Price Impact
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