(Note:  This is NOT an IPO. This is a NASDAQ uplisting from the OTCQB market.) 

Wetouch Technology makes and sells large-format touchscreens used in the financial, automotive, POS (point-of-sale), gaming, lottery, medical and other specialized industries. The company sells its touchscreens in the People’s Republic of China and internationally. (Incorporated in Nevada)

**Note: Net income and revenue figures are in U.S. dollars for the 12 months that ended Sept. 30, 2023.

(Note: Wetouch Technology trimmed the size of its NASDQ uplisting/public offering at pricing on Tuesday night, Feb. 20, 2024, to 2.16 million shares – down from 3.0 million shares in the prospectus – and priced the public offering at $5.00 – the low end of its $5.00-to-$7.00 price range – to raise $10.8 million.)

(Note: Wetouch Technology cut the size of its NASDAQ uplisting/public offering on Feb. 13, 2024, to 3.0 million shares – down from 4.0 million shares – and kept the price range at $5.00 to $7.00 – to raise $18.0 million, according to an S-1/A filing dated Feb.13, 2024. Background: Wetouch Technology filed an S-1/A dated Nov. 17, 2023, in which it cut the price of its NASDAQ uplisting/public offering to a range of $5.00 to $7.00 – down from an assumed public offering price of US$11.20 – and kept the number of shares at 4.0 million – to raise $24.0 million. In that Nov. 17, 2023, SEC filing, Wetouch Technology updated its financial statements for the nine-month period through Sept. 30, 2023. Background: Wetouch Technology disclosed terms for its NASDAQ uplisting/public offering in an S-1/A filing dated Sept. 22, 2023: 4.0 million ordinary shares at an assumed public offering price of US$11.20 to raise $44.8 million. A 1-for-20 reverse stock split became effective on Sept. 12, 2023, according to the prospectus.) 

(Background: Wetouch Technology resurrected its plans for a NASDAQ uplisting and a public offering in a blank S-1 filing dated March 21, 2023; the transaction was estimated at $46 million. In a letter dated March 8, 2023, the SEC deemed that Wetouch Technology’s previous NASDAQ uplisting and public offering from 2021 had been abandoned; that previous NASDAQ uplisting/public offering began with an S-1 in September 2021, when the transaction was estimated at about $62 million.)