WETH News

One small issuer listed in the short Presidents’ Day week, along with one SPAC, while a couple deals didn’t get done (NYX and AMDI). The big news came from the pipeline, which saw its first large additions in over a month. Social media platform Reddit (RDDT) filed for its highly-anticipated IPO this past week, planning to raise an estimated $750...read more

Wetouch Technology, which makes medium to large sized projected capacitive touchscreens, raised $11 million by offering 2.2 million shares at $5, the low end of the range of $5 to $7. The company offered 0.8 million fewer shares than anticipated. The company had been listed on the OTCQB. Wetouch, through its wholly-owned subsidiaries, is engaged in the research, development,...read more

The February lull is in full swing, with four very small holdovers currently scheduled for the week ahead. Chinese touchscreen maker Wetouch Technology (WETH) plans to raise $18 million at a $76 million market cap. The company develops, manufacturers, sells, and services medium to large sized projected capacitive touchscreens. Its touchscreens are used in a...read more

Wetouch Technology, which makes medium to large sized projected capacitive touchscreens, lowered the proposed deal size for its upcoming IPO on Tuesday. The Meishan, China-based company now plans to raise $18 million by offering 3 million shares at a price range of $5 to $7. The company had previously filed to offer 4 million shares at the same range. At the midpoint, Wetouch...read more