Webus International Ltd. Completes IPO
Ticker: WETO · Form: 6-K · Filed: Feb 28, 2025 · CIK: 1941158
| Field | Detail |
|---|---|
| Company | Webus International Ltd. (WETO) |
| Form Type | 6-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | bullish |
Sentiment: bullish
Topics: ipo, offering, registration
TL;DR
Webus International Ltd. just IPO'd 2M shares on Feb 28, 2025. Publicly traded now!
AI Summary
On February 28, 2025, Webus International Limited completed its initial public offering (IPO) of 2,000,000 ordinary shares. The shares were offered under a registration statement on Form F-1, with file number 333-269684.
Why It Matters
The completion of an IPO signifies a significant milestone for Webus International Ltd., marking its transition to a publicly traded company and potentially providing access to capital markets for future growth.
Risk Assessment
Risk Level: medium — As a newly public company, Webus International Ltd. faces the inherent risks associated with market volatility, regulatory scrutiny, and establishing its public market valuation.
Key Numbers
- 2,000,000 — Ordinary Shares (Number of shares offered in the initial public offering)
Key Players & Entities
- Webus International Limited (company) — Registrant and issuer of shares
- 2,000,000 (dollar_amount) — Number of ordinary shares offered in the IPO
- February 28, 2025 (date) — Date of IPO closing
- Form F-1 (document) — Registration statement form used for the IPO
- 333-269684 (document) — File number for the Form F-1 registration statement
FAQ
What was the par value of the ordinary shares offered?
The par value of the ordinary shares offered was $0.0001 per share.
What form was used for the registration statement?
The registration statement was filed on Form F-1.
What is the SEC file number for Webus International Limited?
The SEC file number for Webus International Limited is 001-42536.
Where is Webus International Limited's principal executive office located?
Webus International Limited's principal executive office is located at 25/F, UK Center, EFC, Yuhang District, Hangzhou, China 311121.
What is the SIC code for Webus International Ltd.?
The Standard Industrial Classification (SIC) code for Webus International Ltd. is 4100, which corresponds to Local & Suburban Transit & Interurban Hwy Passenger Trains.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on February 28, 2025 regarding Webus International Ltd. (WETO).