hanibaram
Webus International (WETO), a Chinese charter bus and tour services provider, has disclosed additional terms for a proposed $20M US initial public offering.
Webus said that it is looking to offer 4M ordinary shares priced between $4 and $6, which would raise $20M if priced at the midpoint.
The company hopes to list its shares on Nasdaq under the symbol WETO. Network 1 Financial is serving as lead bookrunner.
Webus first filed for the IPO in February.