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Webus International

Webus International Ltd. (Ticker: WETO) is a company in China's Collective Mobility Service (CMS) market that provides AI-augmented, real-time online support for “hassle-free and cost-effective group travel solutions”. The company offers services such as day-to-day commutes, inter-city trips, business visits, and tailored vacation packages through its platform.

Webus International Ltd. plans to list on September 3rd, 2024, on the NASDAQ. The firm is offering 3,800,000 shares at a price range of $4.00 to $5.00 per share. The expected market capitalization at the offer is $174 million. The total offer size is approximately $17 million. The offering is managed by Network 1 Financial Securities.

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