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Wetour Robotics to Implement 1-for-100 Share Consolidation

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Wetour Robotics (WETO) said Wednesday it will effect a 1-for-100 share consolidation of its ordinary shares, each with a par value of $0.0001, effective Aug. 3.

Its ordinary shares are expected to begin trading on the Nasdaq Stock Market under the symbol "WETO" on a post-consolidation basis at market open on Aug. 3, the company said.

Approximately 1.08 million ordinary shares will be issued and outstanding after the share consolidation, the company added.

Shares of Wetour Robotics were down over 19% in Thursday trading.

Price: $0.03, Change: $-0.01, Percent Change: -18.33%

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