Webus International is trading 7.3% up at $29.59 after shareholders voted on August 24, 2026, on a proposed 100-for-1 reverse stock split and authorization for up to 2 trillion new shares.
- The vote-driven rally reflects speculative interest in the companyβs capital restructuring plans.
- Bitcoin is down 0.05%, Ethereum 0.32%, and XRP 1.23% since the prior close, providing no strong crypto-market tailwind.
- The company-specific catalyst is therefore more significant than crypto-market performance.