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Loeb & Loeb represented Wetour Robotics Limited, a publicly traded technology company building a physical AI operating system for wearable robotics, in connection with its $17 million at‑the‑market (ATM) offering program under a sales agreement with Chaince Securities, LLC, a FINRA-registered broker-dealer.
Pursuant to the sales agreement, Wetour Robotics may, from time to time, offer and sell its ordinary shares through Chaince Securities, acting as sales agent and/or principal, in transactions deemed to constitute “at-the-market offerings” under Rule 415 of the Securities Act of 1933. Sales of the ordinary shares may be effected through a variety of methods permitted by law, including through the Nasdaq Capital Market or other existing trading markets.
The sales agreement provides Wetour Robotics with flexibility to access the capital markets on an ongoing basis, subject to customary conditions, and enables the company to raise capital efficiently in response to market conditions.
The Loeb team included Lawrence Venick, managing partner of the firm’s Hong Kong and Beijing offices, Capital Markets associate Rongwei Xie.
Pursuant to the sales agreement, Wetour Robotics may, from time to time, offer and sell its ordinary shares through Chaince Securities, acting as sales agent and/or principal, in transactions deemed to constitute “at-the-market offerings” under Rule 415 of the Securities Act of 1933. Sales of the ordinary shares may be effected through a variety of methods permitted by law, including through the Nasdaq Capital Market or other existing trading markets.
The sales agreement provides Wetour Robotics with flexibility to access the capital markets on an ongoing basis, subject to customary conditions, and enables the company to raise capital efficiently in response to market conditions.
The Loeb team included Lawrence Venick, managing partner of the firm’s Hong Kong and Beijing offices, Capital Markets associate Rongwei Xie.
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北京和香港办公处管理合伙人 -
律师