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Home » Chinese charter bus provider Webus discloses terms of $20m U.S. IPO (WETO)
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Chinese charter bus provider Webus discloses terms of $20m U.S. IPO (WETO)

March 20, 2023No Comments1 Min Read
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IPO FORWARD

hanibaram

Webbus international (WETO), a Chinese provider of charter buses and tour services, disclosed additional terms for a proposed US$20 million initial public offering.

Webus said it plans to offer 4 million common shares between $4 and $6, which would fetch $20 million if the price was median.

The company hopes to list its shares on the Nasdaq under the symbol WETO. Network 1 Financial acts as lead bookrunner.

webus first filed for IPO in February.

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