Webus International's (NASDAQ:WETO - Get Free Report) quiet period will end on Tuesday, April 8th. Webus International had issued 2,000,000 shares in its public offering 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 involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Webus International Stock Down 0.3 %
Webus International stock traded down $0.01 during midday trading on Wednesday, hitting $3.92. 14,783 shares of the stock were exchanged, compared to its average volume of 45,349. Webus International has a 1 year low of $3.10 and a 1 year high of $4.28.
About Webus International
(
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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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