Webus International Limited Announces Closing of Initial Public Offering

Hangzhou, CHINA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share (the “Offering Price”) to the public.