Webus International is trading at $12.43, up 8.08% in after-hours trading following its August 26 SEC filing announcing an at-the-market offering of up to $75 million through Rodman & Renshaw.
- It rebounded after closing August 27, 2026 at $11.50, down 33.45%.
- The offering creates substantial potential dilution.
- Bitcoin rose 0.48% and Ethereum 0.74% since their respective closes; crypto strength does not explain the larger move. Nvidia-led technology-sector strength may have supported the rebound, but the offering remains the clearest catalyst.