Wednesday, March 22, 2023 8:48:04 AM
https://www.otcmarkets.com/stock/WETH/disclosure
https://www.otcmarkets.com/filing/html?id=16505762&guid=r0A-k6fOuPKFQth
"We expect to effect a 1-for-[ ] reverse stock split of our outstanding common stock, with the number of authorized shares of common stock reduced ratably, effective immediately following the effectiveness of the registration statement of which this prospectus forms a part, prior to the completion of this offering (the “Reverse Stock Split”). On February 17, 2023, our Board of Directors (the “Board”) authorized a reverse stock split of each of the outstanding shares of our common stock, $0.001 par value per share, at a ratio to be determined by the Board of within a range of a minimum of a one-for-five (1-for-5) to a maximum of one-for-eighty (1-for-80) (the “Reverse Stock Split Ratio”), with the exact ratio to be set at a number within this range as determined by the Board in its sole discretion, with no change in par value. We intend for the Board to effect such reverse stock split in connection with the Underwritten Offering and our intended listing of our common stock on the Nasdaq Capital Market. However, we cannot guarantee that such reverse stock split will occur based on the ratio stated above, that such reverse stock split will be necessary or will occur in connection with the listing of our common stock on the Nasdaq Capital Market, or that the Nasdaq Stock Market will approve our initial listing application for our common stock upon such reverse stock split."
" I can't complain , but sometimes I still do . "
Recent WETH News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:38:54 PM
- Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program • PR Newswire (US) • 07/08/2024 01:30:00 PM
- WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders • PR Newswire (US) • 06/24/2024 01:30:00 PM
- WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million • PR Newswire (US) • 06/17/2024 01:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 09:15:46 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:30:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:15:42 PM
- Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders • PR Newswire (US) • 05/06/2024 01:45:00 PM
- Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023 • PR Newswire (US) • 04/22/2024 02:00:00 PM
- Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 • PR Newswire (US) • 04/01/2024 02:21:00 PM
- Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market • PR Newswire (US) • 03/18/2024 01:17:00 PM
- WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH ) • Business Wire • 02/28/2024 02:00:00 PM
- Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock • GlobeNewswire Inc. • 02/23/2024 09:00:00 PM
- Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market • GlobeNewswire Inc. • 02/21/2024 02:45:00 AM
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