Webus International's (NASDAQ:WETO - Get Free Report) quiet period is set to end on Tuesday, April 8th. Webus International had issued 2,000,000 shares in its IPO on February 27th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Webus International's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Webus International Stock Up 0.3 %
WETO traded up $0.01 during midday trading on Friday, hitting $3.93. 18,610 shares of the company's stock traded hands, compared to its average volume of 43,027. Webus International has a one year low of $3.10 and a one year high of $4.28.
Webus International Company Profile
(
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Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.
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