Wetour Robotics agrees to sell 2 million shares in US$ 1.8 million private placement at US$ 0.9 each
WETO•Private placement terms and timing
Wetour Robotics entered securities purchase agreements on Aug. 11, 2026 for a Regulation S PIPE of 2 million ordinary shares.
- Shares were priced at $0.9 each, implying gross proceeds of $1.8 million.
- Board chairman Zheng Jiahua bought 500,000 shares for US$ 450,000.
- Closing is targeted for about Aug. 27, 2026, subject to customary conditions, including required approvals and regulatory notifications.
- The shares are unregistered under the Securities Act, limiting U.S. offers or sales absent registration or an exemption.
