Corporate ActionMay 15, 2026, 05:32 PM
Wetour Robotics Enters ATM Offering with Chaince Securities
AI Summary
Wetour Robotics Limited has entered into a sales agreement with Chaince Securities, LLC to conduct an "at the market" offering of its ordinary shares. Under the agreement, Chaince Securities will act as a sales agent to sell shares from time to time on the Nasdaq Capital Market or other trading markets. The company will pay a commission of 3.0% of gross proceeds to the sales agent and reimburse certain expenses. This offering is registered under the company's existing shelf registration statement.
Key Highlights
- Wetour Robotics entered a sales agreement for an "at the market" (ATM) offering.
- The company will issue and sell ordinary shares through Chaince Securities, LLC.
- Sales will occur from time to time on the Nasdaq Capital Market or other markets.
- Chaince Securities will receive a 3.0% commission on gross sales proceeds.
- Wetour Robotics will reimburse the sales agent for reasonable out-of-pocket expenses.
- The offering is registered under the company's Form F-3 shelf registration statement.
Price Impact
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