WETG - WeTrade Group prices $40M public offering; uplisted to Nasdaq

• WeTrade Group ( OTCPK:WETG ) has priced an underwritten public offering of 10M shares of its common stock at a price to the public of $4.00/share for an expected gross proceeds of $40M.
• The offering is expected to close on or about July 21, 2022.
• The company's common stock is expected to commence trading on the Nasdaq Capital Market at the opening of the market on Jul. 19, under the company's current ticker symbol "WETG."
• Underwriters are granted a 45-day option to purchase up to an additional 1.5M shares of its common stock at a price of $4.00/share.
• Net proceeds from the offering will be used for the company's R&D and technology development, marketing and talent recruitment in China, strategic investment in service provider and general working capital.

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