Business Context and Reporting Period
This Form 6-K filing is submitted by Webus International Limited (referred to in metadata as Wetour Robotics Ltd) for the month of January 2026. The registrant is a foreign private issuer headquartered in Hangzhou, China, and files annual reports on Form 20-F. The filing serves as a notice regarding a regulatory deficiency letter received from the Nasdaq Stock Market.
Key Financial Metrics
The filing text does not provide specific financial data regarding revenue, profit, cash flow, margins, debt, or liquidity. The document is a regulatory notice and does not contain a financial statement or performance summary.
Material Changes and Regulatory Status
- Nasdaq Deficiency: On December 30, 2025, the Company received a deficiency letter from Nasdaq for failing to comply with the minimum bid price requirement (Rule 5550(a)(2)).
- Trigger Event: The ordinary share bid price remained below $1.00 per share for 31 consecutive business days.
- Compliance Period: The Company has been granted a 180-calendar-day period to regain compliance, expiring on June 29, 2026.
- Trading Status: The deficiency letter has no immediate impact on the listing or trading of the Company's shares on the Nasdaq Capital Market.
Outlook, Management Commentary, and Risks
Management intends to actively monitor the bid price and consider all available options to regain compliance within the allotted timeframe. The filing includes standard forward-looking statements regarding the Company's ability to maintain listing standards. Key risks identified include the uncertainty of regaining compliance, general economic conditions, and market volatility. The Company disclaims any obligation to update these forward-looking statements.
Investor Verification Checklist
- Verify the current trading price of Webus International Limited shares to assess the gap from the $1.00 threshold.
- Monitor subsequent filings for any announced capital actions (e.g., reverse stock splits) intended to address the deficiency.
- Review the press release dated January 5, 2026 (Exhibit 99.1) for additional management commentary.
- Track the Company's progress toward the June 29, 2026, compliance deadline.