Wetouch Technology announces pricing of stock offering to raise .8M, uplists to NASDAQ

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Wetouch Technology announces pricing of stock offering to raise $10.8M, uplists to NASDAQ

The offering is expected to close on February 23, 2024.

The company said it expects to use the proceeds from the offering for the construction of a new factory, facilities and office buildings, the purchase of two production lines in the new factory, research and development, the repayment of convertible promissory notes, and working capital and general corporate purposes.

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