6-K - Webus International Ltd. (0001941158) (Filer)
6-K - Webus International Ltd. (0001941158) (Filer)
Hangzhou, CHINA, June 02, 2025 (GLOBE NEWSWIRE) -- Webus International Limited ("Webus" or the "Company") (NASDAQ:WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the signing of a Delegated Digital-Asset Management Agreement (the "Agreement") with Samara Alpha Management LLC ("Samara Alpha"), a top-tier SEC-registered investment adviser, establishing a strategic framework for potential future digital asset treasury operations. Framework for Digital Asset Management The Agreement establishes Samara Alpha as Webus's exclusive delegated manager for digital assets, with an authorized mandate cap of
HANGZHOU, China, May 29, 2025 (GLOBE NEWSWIRE) -- Webus International Limited ("Webus," the "Company," "we," "our," or "us") (NASDAQ:WETO), a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide, today announced two complementary strategic developments that significantly advance its vision of a seamless, borderless travel ecosystem. The Company is exploring a financing strategy of up to US$300 million (the "Financing") through a diversified mix of non-equity funding vehicles to establish an XRP reserve for supporting global payment solutions. This approach includes the potential use of available cash reserve
Hangzhou, CHINA, April 22, 2025 (GLOBE NEWSWIRE) -- Webus International Limited ("Webus" or the "Company") (NASDAQ:WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced plans to establish a new subsidiary in Osaka, Japan, marking a significant milestone in the Company's global expansion strategy. Webus has signed strategic cooperation agreements with leading local accommodation operators in Osaka, including a comprehensive property management company with approximately $500 million in assets under management. The Company's expansion includes establishing an Osaka headquarters, acquiring land for coast
Hangzhou, CHINA, March 12, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the "Company") (NASDAQ:WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, provided a letter to shareholders from Chief Executive Officer Nan Zheng. Dear Valued Shareholders, In 2025 third fiscal quarter, we successfully completed our initial public offering (the "IPO") on the Nasdaq Capital Market. We would like to take this opportunity to share our progress and strategic vision and provide more context of what represent our future. Webus International Limited delivers mobility solutions that are efficient and cost-effective. Our p
Hangzhou, CHINA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the "Company") (NASDAQ:WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at a public offering price of $4.00 per share (the "Offering Price") to the public. The Company's Ordinary Shares began trading on the Nasdaq Capital Market on February 27, 2025, under the ticker symbol "WETO." The Company received aggregate gross proceeds of $8,000,000 from the Offering, before deducting underwriting discounts and ot