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The latest announcement is out from Webus International Limited ( (WETO) ).
On March 9, 2026, Wetour Robotics Limited received official confirmation from the Cayman Islands registrar that it had changed its name from Webus International Limited and that its amended and restated memorandum and articles of association were in effect. The changes, approved by shareholders at an extraordinary general meeting on February 27, 2026, also doubled the company’s authorized share capital from US$50,000 to US$100,000, expanding its capacity to issue up to 1 billion shares and giving it greater flexibility for future financing and corporate transactions.
The formalization of these corporate actions strengthens Wetour Robotics Limited’s structural footing as it evolves under its new branding and governance framework. By expanding its authorized share capital and modernizing its governing documents, the company has created a broader platform for potential equity issuance, strategic investments or listings, with implications for existing shareholders as dilution capacity increases alongside the firm’s prospective growth ambitions.
More about Webus International Limited
Wetour Robotics Limited, formerly Webus International Limited, is a Cayman Islands–incorporated company that recently updated its corporate charter to provide unrestricted corporate capacity under local law. The company is authorized to issue up to 1 billion shares with a par value of US$0.0001, positioning it structurally for potential future capital market activities.
Average Trading Volume: 31,214
Technical Sentiment Signal: Strong Sell
Current Market Cap: $10.82M
For detailed information about WETO stock, go to TipRanks’ Stock Analysis page.