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Wetouch Technology Priced, Nasdaq: WETH

Makes medium to large sized projected capacitive touchscreens.

Industry: Technology

Latest Trade: $1.77 +0.10 (+6.0%)

First Day Return: -39.0%

Return from IPO: -66.6%

Industry: Technology

Through our wholly-owned subsidiaries, we are engaged in the research, development, manufacturing, sales and servicing of medium to large sized projected capacitive touchscreens. We specialize in large-format touchscreens, which are developed and designed for a wide variety of markets and used in the financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. Our product portfolio comprises medium to large sized projected capacitive touchscreens ranging from 7.0 inch to 42 inch screens. In terms of the structures of touch panels, we offer (i) Glass-Glass (“GG”), primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial HMI, financial and banking terminals, POS and lottery machines; (ii) Glass-Film-Film (“GFF”), mostly used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery and gaming industry; (iii) Plastic-Glass (“PG”), typically adopted by touchscreens in GPS/entertainment panels motor vehicle GPS, smart home, robots and charging stations; and (iv) Glass-Film (“GF”), mostly used in industrial HMI.
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IPO Data
IPO File Date 09/13/2021
Offer Price $5.00
Price Range $5.00 - $7.00
Offer Shares (mm) 2.2
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/20/2024
Offer Price $5.00
Price Range $5.00 - $7.00
Offer Shares (mm) 2.2
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
WestPark Capital
Craft Capital Management
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Company Data
Headquarters Meishan, China
Founded 1992
Employees at IPO 131
Website www.wetouchinc.com

Wetouch Technology (WETH) Performance