Webus International Secures up to $100 Million Equity Line with Ripple Strategy Holdings on
Webus International (NASDAQ: WETO), a leading AI-driven mobility solutions provider, has secured a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit up to $100 million.
The 24-month facility will be available at Webus's discretion, with individual drawdowns ranging from $250,000 to $3 million per tranche. The funding is designed to support the company's XRP treasury strategy, including crypto-enabled payments and blockchain-based loyalty programs. The agreement's completion is subject to SEC registration statement effectiveness and existing underwriter consent.
CEO Nan Zheng emphasized that the facility demonstrates confidence in their long-term XRP strategy while providing flexible capital access with minimal shareholder dilution. The funding aims to accelerate growth across North America and Asia-Pacific markets.
Webus International (NASDAQ: WETO), un importante fornitore di soluzioni di mobilità basate sull'intelligenza artificiale, ha ottenuto un Accordo Condizionale di Acquisto di Titoli con Ripple Strategy Holdings per una linea di credito azionaria senior fino a 100 milioni di dollari.
La struttura, della durata di 24 mesi, sarà disponibile a discrezione di Webus, con prelievi individuali che variano da 250.000 a 3 milioni di dollari per tranche. Il finanziamento è pensato per supportare la strategia di tesoreria in XRP della società, inclusi pagamenti abilitati da criptovalute e programmi di fidelizzazione basati su blockchain. Il completamento dell'accordo è soggetto all'efficacia della dichiarazione di registrazione presso la SEC e al consenso degli attuali sottoscrittori.
Il CEO Nan Zheng ha sottolineato che la struttura dimostra fiducia nella loro strategia a lungo termine su XRP, offrendo al contempo un accesso flessibile al capitale con una minima diluizione per gli azionisti. Il finanziamento mira ad accelerare la crescita nei mercati del Nord America e dell'Asia-Pacifico.
Webus International (NASDAQ: WETO), un proveedor líder de soluciones de movilidad impulsadas por IA, ha asegurado un Acuerdo Condicional de Compra de Valores con Ripple Strategy Holdings para una línea de crédito accionario senior de hasta 100 millones de dólares.
La facilidad de 24 meses estará disponible a discreción de Webus, con desembolsos individuales que van desde 250,000 a 3 millones de dólares por tramo. La financiación está diseñada para apoyar la estrategia de tesorería en XRP de la compañía, incluyendo pagos habilitados con criptomonedas y programas de lealtad basados en blockchain. La finalización del acuerdo está sujeta a la efectividad de la declaración de registro ante la SEC y al consentimiento de los suscriptores existentes.
El CEO Nan Zheng destacó que la facilidad demuestra confianza en su estrategia a largo plazo con XRP, al tiempo que ofrece acceso flexible al capital con una mínima dilución para los accionistas. La financiación busca acelerar el crecimiento en los mercados de América del Norte y Asia-Pacífico.
Webus International (NASDAQ: WETO)는 인공지능 기반 모빌리티 솔루션의 선도 기업으로서 Ripple Strategy Holdings와 최대 1억 달러 규모의 선순위 주식 신용 한도에 대한 조건부 증권 매입 계약을 체결했습니다.
이 24개월 기간의 시설은 Webus의 재량에 따라 이용 가능하며, 개별 인출 금액은
CEO Nan Zheng은 이 시설이 장기 XRP 전략에 대한 신뢰를 보여주며, 최소한의 주주 희석으로 유연한 자본 접근을 제공한다고 강조했습니다. 이 자금은 북미 및 아시아 태평양 시장에서의 성장을 가속화하는 데 목적이 있습니다.
Webus International (NASDAQ: WETO), un fournisseur leader de solutions de mobilité basées sur l'IA, a conclu un accord conditionnel d'achat de titres avec Ripple Strategy Holdings pour une ligne de crédit senior en actions allant jusqu'à 100 millions de dollars.
Cette facilité de 24 mois sera disponible à la discrétion de Webus, avec des tirages individuels allant de 250 000 à 3 millions de dollars par tranche. Le financement est conçu pour soutenir la stratégie de trésorerie XRP de l'entreprise, incluant les paiements en crypto-monnaies et les programmes de fidélité basés sur la blockchain. La finalisation de l'accord est soumise à l'efficacité de la déclaration d'enregistrement auprès de la SEC et au consentement des souscripteurs existants.
Le PDG Nan Zheng a souligné que cette facilité témoigne de la confiance dans leur stratégie XRP à long terme tout en offrant un accès flexible au capital avec une dilution minimale pour les actionnaires. Le financement vise à accélérer la croissance sur les marchés d'Amérique du Nord et de la région Asie-Pacifique.
Webus International (NASDAQ: WETO), ein führender Anbieter von KI-gesteuerten Mobilitätslösungen, hat eine bedingte Wertpapierkaufvereinbarung mit Ripple Strategy Holdings für eine Senior-Aktienkreditlinie von bis zu 100 Millionen US-Dollar abgeschlossen.
Die 24-monatige Einrichtung steht Webus nach eigenem Ermessen zur Verfügung, wobei einzelne Auszahlungen zwischen 250.000 und 3 Millionen US-Dollar pro Tranche liegen. Die Finanzierung soll die XRP-Treasury-Strategie des Unternehmens unterstützen, einschließlich kryptobasierter Zahlungen und blockchain-basierter Treueprogramme. Der Abschluss der Vereinbarung hängt von der Wirksamkeit der SEC-Registrierungserklärung und der Zustimmung der bestehenden Underwriter ab.
CEO Nan Zheng betonte, dass die Einrichtung Vertrauen in ihre langfristige XRP-Strategie zeige und gleichzeitig flexiblen Kapitalzugang bei minimaler Verwässerung der Aktionäre biete. Die Finanzierung soll das Wachstum in Nordamerika und den asiatisch-pazifischen Märkten beschleunigen.
- Secured up to $100 million in flexible equity financing
- Drawdown flexibility ranging from $250,000 to $3 million per tranche over 24 months
- Structure designed to minimize shareholder dilution
- Strategic funding to support crypto-enabled payments and blockchain initiatives
- Agreement is conditional upon SEC registration statement effectiveness
- Requires existing underwriter consent before closing
- Potential dilution risk from equity-based financing
Insights
Webus secured $100M equity line to fund XRP treasury strategy, providing flexible capital with minimal dilution, subject to SEC registration.
Webus International has secured a
The capital will primarily fund Webus's XRP treasury strategy, which includes developing crypto-enabled payments and blockchain-based loyalty programs. This suggests the company is making a substantial commitment to blockchain technology integration across its premium chauffeur service operations. The conditional nature of this agreement is important to note - the deal remains subject to SEC registration effectiveness and consent from Webus's existing underwriter.
For investors, this financing arrangement represents a vote of confidence in Webus's business model and growth trajectory. The company gains access to substantial capital without immediately diluting shareholder value, while the flexible drawdown structure allows management to time capital raises strategically. The market-based pricing with "downside protection" mentioned in the release suggests mechanisms are in place to protect both the company and the investor during market volatility.
This capital infusion could accelerate Webus's competitive positioning in the emerging intersection between premium mobility services and cryptocurrency applications, potentially creating first-mover advantages in crypto-powered mobility solutions across its target markets in North America and Asia-Pacific.
Funding to accelerate XRP Treasury Strategy Growth
HANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced that it has signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to US
Subject to the effectiveness of a registration statement with SEC, and the receipt of consent from the Company’s existing underwriter, the
The proceeds are expected to support the growth of Webus’s XRP treasury strategy, including crypto-enabled payments, blockchain-based loyalty programs, and other initiatives tied to its global expansion.
“This
The closing of the Securities Purchase Agreement remains subject to customary conditions, including the effectiveness of a resale registration statement filed with the SEC and the receipt of written consent from Company’s lead underwriter.
About Webus International Limited
Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through our innovative "Mobility-as-a-Service" (MaaS) model, we deliver exceptional personalized transportation experiences with our extensive fleet of luxury vehicles and professional chauffeurs.
Our flagship brand “Wetour” specializes in high-end customized travel services, offering airport transfers, intercity transportation, private guided tours, and luxury-chartered services for both leisure and business travelers.
Webus is also exploring innovative treasury strategies through a strategic digital asset management framework, having signed a Delegated Digital-Asset Management Agreement, establishing potential future XRP treasury operations with an authorized mandate cap of up to US
Leveraging proprietary technology, our platform integrates real-time AI support with 24/7 multilingual itinerary management, ensuring seamless mobility solutions across all international destinations we serve. For more information, please visit our website at https://ir.wetourglobal.com or www.wetourglobal.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its common stock on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
Annabelle Li
Investor Relations – Webus International Limited
Email: ir.annabelle@webus.vip
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