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6-K2026-05-15· grok-4-1-fast-non-reasoning

WETO · Webus International Limited Ordinary Shares

0001213900-26-057983

SEC filing

Summary

Wetour Robotics Limited entered into an At Market Sales Agreement with Chaince Securities, LLC to issue and sell up to $17,000,000 of ordinary shares through at-the-market offerings.

Key takeaways

Full analysis

Wetour Robotics Limited, a Cayman Islands exempted company, has established an at-the-market (ATM) equity offering program by entering into an agreement with Chaince Securities, LLC on May 15, 2026. This enables the Company to opportunistically raise up to $17 million through sales of its ordinary shares (par value $0.0001) directly into the market via Nasdaq Capital Market, providing flexible access to capital without fixed pricing or large block trades. Sales are capped by the effective Form F-3 registration (File No. 333-294373), prospectus supplement, Form F-3 eligibility rules, and the Company's authorized share capital, with the Company solely responsible for compliance. The Agent acts primarily as sales agent using standard trading practices, providing daily confirmations of volume, price, compensation per Schedule 2, and net proceeds. Either party can suspend sales via notice, and principal transactions require separate regulatory approval. A legal opinion from Ogier (Cayman) LLP confirms the Company's good standing and that shares issued per the agreement and prospectus will be validly issued, fully paid, and non-assessable. This ATM facility offers investors insight into potential dilution as the Company may sell shares over time to fund operations or growth, with no immediate sales disclosed.