0001784970
false
001-41450
00-0000000
0001784970
2023-09-13
2023-09-13
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of report (Date of earliest event reported): September 13, 2023
|
WeTrade
Group Inc. |
|
|
(Exact name of Company as
specified in charter) |
|
Wyoming |
|
7374 |
|
N/A |
(State
or other jurisdiction of
incorporation or organization) |
|
(Primary
Standard Industrial
Classification Code Number) |
|
(I.R.S.
Employer
Identification Number) |
Room
101, Level 1 Building 8,
No.
18, Kechuang 10th Street,
Beijing
Economic and Technological Development Zone
People’s
Republic of China 100020
+86-135-011-76409
(Address,
including zip code, and telephone number, including area code, of principal executive offices)
Wyoming
Registered Agent
1621
Central Ave Cheyenne, Wyoming 82001
(Name,
address, including zip code, and telephone number, including area code, of agent for service)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any
of the following provisions (see General Instruction A.2. below):
☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common Stock |
|
WETG |
|
Nasdaq Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.01 Entry Into a Material Definitive Agreement.
On
September 13, 2023, Wetrade Group Inc., a Wyoming corporation (the “Company”) entered into those certain subscription agreements
with certain Regulation S investors (the "Purchasers"), pursuant to which the Company agrees to issue an aggregate of 1,465,200
shares of the company’s common stock for consideration of $12,000,000 at $8.19 per share, which is above the closing price of $8.13
on September 12, 2013.
The
private placement transaction to be contemplated under the subscription agreements shall be subject to customary closing conditions.
The Company intends to use the proceeds for general corporate purposes.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
Wetrade Group
Inc. |
|
|
|
|
By: |
/s/
Hechun Wei |
|
Name: |
Hechun Wei |
|
Title: |
Chief Executive Officer |
Dated:
September 15, 2023
Exhibit
10.1
SUBSRIPTION
AGREEMENT
THIS
PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (the “Subscription Agreement”) is made on 13th day of September 2023, among (i)
WeTrade Group Inc (the “Company”), the company incorporated in the State of Wyoming, and (ii) each purchaser identified on
the signature pages to this Agreement (each a “Purchaser” and collectively, the “Purchasers”).
Purchase
of Shares
1.
Subscription
1.1
The undersigned Purchasers (each a “Purchaser”) hereby subscribe for and agree to purchase from the Company for any combination
of cash in United States Dollars and Hong Kong Dollar (“HKD”) (collectively the “Subscription Proceeds”, on the
basis of the representations and warranties and subject to the terms and conditions set forth herein, shares of common stock, of the
Company, no par value (the “Common Shares”) and in an amount for subscription shares as set out on each Subscriber’s
signature page hereto (each such subscription an agreement to purchase being a “Subscription”) at a purchase price of US$8.19
per Common Share, which is the closing market price of the Company’s Common Shares on September 12, 2023, the day before the signing
of this Agreement.
1.2
Subject to the terms hereof, the Subscription will be effective upon its acceptance by the Company. The Purchasers acknowledge that there
is no minimum required to close any subscription under the offering.
2.
Payment
2.1
Each Purchaser acknowledges and agrees that its commitment to purchase Common Shares of the Company hereunder is and shall be irrevocable
upon delivery of the Subscription Proceeds and an executed counterpart original of this Subscription Agreement to the Company. The Subscription
Proceeds shall be paid to the following bank account:
Title
of the Account:
Account
#:
Beneficiary
Bank:
Bank
Address:
3.
Deliveries at or Prior to Closing
3.1
Prior to acceptance of this Subscription Agreement by the Company, each Purchaser must complete, sign and return to the Company, or Company’s
counsel Ortoli Rosenstadt LLP, an executed copy of this Subscription Agreement and wire transfer the Subscription Proceeds as described
in Section 2.1, above.
3.2
Each Purchaser shall complete, sign and return to the Company as soon as possible, on request by the Company, any documents, questionnaires,
notices and undertakings as may be required by regulatory authorities or by applicable law.
3.3
The Company shall deliver to each Purchaser the following:
| (a) | at
the Closing (as defined below), a counterpart of this Subscription Agreement, duly executed
by an authorized signatory of the Company; |
| (b) | within
10 business days of the Closing Date (as defined below), a certificate or evidence of electronic
book entry representing the Common Shares in the amount set forth on the signature page hereto. |
4.
Closing
4.1
Completion of the sale of the Common Shares contemplated in this Subscription Agreement (any such completion, a “Closing”)
shall occur on or before September 27, 2023, or on a such date to be mutually agreed upon by the Company and the Purchaser.
4.2
The Company may, at its discretion, elect to close the Offering in one or more closings, in which event the Company may agree with one
or more of the Purchasers (including the Purchaser hereunder) to complete delivery of the Common Shares to such Purchaser(s) against
payment therefore at any time on or prior to the furthest most date set by Section 4.1.
5.
Conditions to Closing
5.1
Upon acceptance of this Subscription Agreement, the obligations of the Company to Close on the Closing Date are subject to the following
conditions:
| (a) | Delivery
of the transaction documents as set forth in Section 3.1 and 3.2. |
| (b) | that
all of the representations and warranties of the Purchaser made in this Subscription Agreement
are accurate in all material respects when made and on the Closing Date; |
| (c) | that
all of the obligations, covenants and agreements of the Purchaser required to be performed
at or prior to the Closing Date shall have been performed; and |
| (d) | that
the Company shall have received the Subscription Proceeds. |
5.2
The obligations of the Purchaser hereunder to Close on the Closing Date are subject to the following conditions:
| (a) | that
all of the representations and warranties of the Company made in this Subscription Agreement
are accurate in all material respects when made and on the Closing Date; and |
| (b) | that
all of the obligations, covenants and agreements of the Company required to be performed
at or prior to the Closing Date shall have been performed. |
6.
Representations, Warranties, Acknowledgements and Covenants of the Purchaser
6.1
Each Purchaser severally and not jointly hereby acknowledges and agrees as of the date hereof and as of the Closing Date that:
| (a) | none
of the Common Shares have been registered under the Securities Act, or under any state securities
or “blue sky” laws of any state of the United States or any other jurisdiction; |
| (b) | the
decision to execute this Subscription Agreement and acquire the Common Shares hereunder has
not been based upon any oral or written representation (other than representations set out
in this Agreement) as to fact or otherwise made by or on behalf of the Company; |
| (c) | there
are risks associated with an investment in the Company and the Common Shares, including,
but not limited to, (i) the risk of changes in the cost of raw materials and energy, (ii)
the risk of intense competition in the PRC domestic market, (iii) risks related to our significant
amount of short- term debt and (iv) the risk of severe financial hardship or bankruptcy of
one or more of our major clients; |
| (d) | it
has received all the information it considers necessary or appropriate for purposes of deciding
whether to purchase the Common Shares. Each Purchaser further represents that it has had
an opportunity to ask questions and receive answers from the Company regarding the terms
and conditions of the Common Shares and regarding the business, properties, prospects and
financial condition of the Company, and to obtain additional information (to the extent the
Company possessed such information or could acquire it without unreasonable effort or expense)
necessary to verify the accuracy of any information furnished to it or to which it had access; |
| (e) | it
has been advised to consult its own legal, tax and other advisors with respect to the merits
and risks of an investment in the Common Shares and with respect to applicable resale restrictions; |
| (f) | it
understands that the Company is making no representations and warranties regarding tax consequences
for your investment in the Common Shares, the US Foreign Corrupt Practices Act or the securities
law of the home or residential jurisdiction of any Purchaser. |
| (g) | Each
Purchaser severally and not jointly hereby represents and warrants to, and covenants with,
the Company (which representations, warranties and covenants shall survive the Closing) as
of the date hereof and as of the Closing Date that: |
| (h) | it
has the legal capacity and competence to enter into and execute this Subscription Agreement
and to take all actions required hereby and, if the Purchaser is a corporation, it is duly
incorporated and validly existing under the laws of its jurisdiction of incorporation and
all necessary approvals by its directors, shareholders and others have been obtained to authorize
execution and performance of this Subscription Agreement on its behalf; |
| (i) | the
entering into of this Subscription Agreement and the transactions contemplated hereby do
not result in the violation of any of the terms and provisions of any law or regulation applicable
to the Purchaser or of any agreement, written or oral, to which the Purchaser may be a party
or by which the Purchaser is or may be bound; |
| (j) | the
Purchaser has duly executed and delivered this Subscription Agreement and it constitutes
a valid and binding agreement of the Purchaser enforceable against the Purchaser in accordance
with its terms; |
| (k) | the
Purchaser is not a “U.S. Person” as defined in Rule 902 under the 1933 Act and
is resident in the jurisdiction set out under the heading “Name and Address of Purchaser”
on the signature page of this Subscription Agreement; |
| (l) | At
the time Purchaser executed and delivered this Agreement, Purchaser was outside the United
States and is outside of the United States as of the date of the execution and delivery of
this Subscription Agreement; |
| (m) | Purchaser
is acquiring the Common Shares for its own account and not on behalf of any U.S. person,
and the sale has not been pre-arranged with a purchaser in the United States; |
| (n) | Purchaser
represents and warrants and hereby agrees that all offers and sales of any of the Common
Shares prior to the expiration of a period commencing on the Closing Date and ending twelve
months thereafter, unless adjusted as hereinafter provided (the “Restricted Period”),
shall only be made in compliance with the safe harbor contained in Regulation S, pursuant
to registration of the Common Shares under the 1933 Act or pursuant to an exemption from
registration, and all offers and sales after the Restricted Period shall be made only pursuant
to such a registration or to such exemption from registration; |
| (o) | the
Purchaser (i) has such knowledge and experience in business matters as to be capable of evaluating
the merits and risks of its prospective investment in the Common Shares; and (ii) has the
ability to bear the economic risks of its prospective investment and can afford the complete
loss of such investment; |
| (p) | the
Purchaser is not aware of any advertisement of any of the Common Shares and is not acquiring
any of the Common Shares as a result of any form of general solicitation or general advertising
including advertisements, articles, notices or other communications published in any newspaper,
magazine or similar media or broadcast over radio or television, or any seminar or meeting
whose attendees have been invited by general solicitation or general advertising; |
| (q) | no
person has made any written or oral representations to the Purchaser: |
| (i) | that
any person will resell or repurchase any of the Common Shares; |
| (ii) | that
any person will refund the purchase price of any of the Common Shares; or |
| (iii) | as
to the future price or value of any of the Common Shares; and |
| (r) | the
Purchaser will indemnify and hold harmless the Company and, where applicable, its directors,
officers, employees, agents, advisors and shareholders, from and against any and all loss,
liability, claim, damage and expense whatsoever (including, but not limited to, any and all
fees, costs and expenses whatsoever reasonably incurred in investigating, preparing or defending
against any claim, lawsuit, administrative proceeding or investigation whether commenced
or threatened) arising out of or based upon any representation or warranty of the Purchaser
contained herein or in any document furnished by the Purchaser to the Company in connection
herewith being untrue in any material respect or any breach or failure by the Purchaser to
comply with any covenant or agreement made by the Purchaser to the Company in connection
therewith. |
6.2
Between the date of this Subscription Agreement and the Closing, the Purchaser shall notify the Company if any of the above representations
and warranties ceases to be true.
6.3
Each Purchaser, severally but not jointly, acknowledges that the representations and warranties contained herein are made by it with
the intention that they may be relied upon by the Company and its legal counsel in determining such Purchaser’s eligibility to purchase
the Common Shares for which it is subscribing under applicable securities legislation. Each Purchaser further agrees that by accepting
delivery of the certificates representing the Common Shares on the Closing Date, it will be representing and warranting that the representations
and warranties contained herein are true and correct as at the Closing Date with the same force and effect as if they had been made by
the Purchaser at the Closing Date and that they will survive the purchase by the Purchaser of Common Shares and will continue in full
force and effect notwithstanding any subsequent disposition by the Purchaser of such Common Shares.
7.
Representations and Warranties of the Company
7.1
The Company acknowledges and agrees that each Purchaser is entitled to rely upon the representations and warranties of the Company, contained
in this Agreement and further acknowledges that each Purchaser will be relying upon such representations and warranties in purchasing
the Common Shares. The Company represents and warrants as follows:
| (a) | The
Company is duly incorporated, validly existing and in good standing under the laws of the
State of Wyoming. |
| (b) | The
Company has the requisite power and authority to own and use its properties and assets and
to carry on its business as currently conducted. |
| (c) | The
Company is not in violation or default of any of the provisions of its articles of incorporation
or bylaws. The Company is duly qualified to conduct its business and is in good standing
as a foreign corporation or other entity in each jurisdiction in which the nature of the
business conducted or property owned by it makes such qualification necessary, except where
the failure to be so qualified or in good standing, as the case may be, could not reasonably
be expected to result in (i) a material adverse effect on the legality, validity or enforceability
of this Subscription Agreement, (ii) a material adverse effect on the results of operations,
assets, business or financial condition of the Company, taken as a whole, or (iii) a material
adverse effect on the Company’s ability to perform in any material respect on a timely
basis its obligations under this Subscription Agreement (any of (i), (ii) or (iii) being
hereafter referred to as a “Material Adverse Effect”), and no proceeding
has been instituted in any such jurisdiction revoking, limiting or curtailing or seeking
to revoke, limit or curtail such power and authority or qualification. |
| (d) | The
Company has the requisite corporate power and authority to enter into and to consummate the
transactions contemplated by this Subscription Agreement and to carry out its obligations
hereunder. The execution and delivery of this Subscription Agreement by the Company and the
consummation by it of the transactions contemplated hereby have been duly authorized by all
necessary action on the part of the Company and no further corporate authorization is required
by the Company in connection therewith. |
| (e) | Upon
delivery, this Subscription Agreement will have been duly executed by the Company and will
constitute the valid and binding obligation of the Company enforceable against the Company
in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency,
reorganization, moratorium and other laws of general application affecting enforcement of
creditors’ rights generally and (ii) as limited by laws relating to the availability
of specific performance, injunctive relief or other equitable remedies. |
| (f) | Upon
execution and delivery of this Subscription Agreement and the performance by the Company
of the obligations imposed on it in this Subscription Agreement, including the issuance and
sale of the Common Shares, will not (i) conflict with or violate any provision of the Company’s
certificate or articles of incorporation, bylaws or other organizational or charter documents,
or (ii) conflict with, or constitute a default (or an event that with notice or lapse of
time or both would become a default) under, or give to others any rights of termination,
amendment, acceleration or cancellation (with or without notice, lapse of time or both) of,
any material agreement, credit facility, debt or other instrument (evidencing a Company debt
or otherwise) or other agreement to which the Company is a party or by which any material
property or material asset of the Company, or (iii) conflict with or result in a violation
of any law, rule, regulation, order, judgment, injunction, decree or other restriction of
any court or governmental authority to which the Company is subject, or by which any material
property or material asset of the Company is bound, except, in each case, as could not reasonably
be expected to result in a Material Adverse Effect. |
| (g) | The
Company is not required to obtain any consent, waiver, authorization or order of, give any
notice to, or make any filing or registration with, any court or other federal, state, local
or other governmental authority or other person in connection with the execution, delivery
and performance by the Company of this Subscription Agreement. |
| (h) | The
Common Shares are duly authorized and, when issued and paid for in accordance with this Subscription
Agreement, will be validly issued as fully paid and non-assessable, free and clear of all
liens and encumbrances other than restrictions provided for in this Subscription Agreement
and applicable law. |
| (i) | The
issuance and sale of the Common Shares will not obligate the Company to issue Common Shares
or other securities to any person (other than the Purchasers and their designees) and will
not result in a right of any holder of the Company’s securities to adjust the exercise,
conversion, exchange or reset price under such securities. |
8.
Legending of Subject Securities.
8.1 | The
Purchaser hereby acknowledges that upon the issuance thereof, and until such time as the
same is no longer required under the applicable securities laws and regulations, any certificates
representing the Common Shares may bear a restrictive legend pursuant to applicable laws
and may include language substantially similar to the below: |
“THE
SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED HEREIN) PURSUANT
TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”). NONE OF THE SECURITIES REPRESENTED
HEREBY HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD,
DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION
S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT
TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY
IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED
UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON” ARE AS DEFINED BY REGULATION S UNDER THE
1933 ACT.”
9.
Costs
9.1
The Purchaser acknowledges and agrees that all costs and expenses incurred by the Purchaser (including any fees and disbursements of
any special counsel retained by the Purchaser) relating to the purchase of the Common Shares shall be borne by the Purchaser.
10.
Governing Law
10.1
This Subscription Agreement is governed by the laws of the State of New York and the federal laws of the United States applicable
therein. The Purchaser, in its personal or corporate capacity and irrevocably attorney to the jurisdiction of the state and federal
courts located in New York County, New York. Each party agrees that the state and federal courts located in New York County, New
York shall be the exclusive jurisdiction for settling all disputes hereunder.
11.
Independent Nature of Purchaser’s Obligations and Rights
11.1
The obligations of each Purchaser under this Subscription Agreement are several and not joint with the obligations of any other
Purchaser, and no Purchaser shall be responsible in any way for the performance of the obligations of any other Purchaser. Nothing
contained herein, and no action taken by any Purchaser pursuant thereto, shall be deemed to constitute the Purchasers as a
partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Purchasers are in any way
acting in concert or as a group with respect to such obligations or the transactions contemplated by this Subscription Agreement.
Each Purchaser shall be entitled to independently protect and enforce its rights, including without limitation, the rights arising
out of this Subscription Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party in any
proceeding for such purpose. Each Purchaser has been represented by its own separate legal counsel in their review and negotiation
of this Subscription Agreement or it has knowingly waived its right to do so and has proceeded without benefit of
counsel.
12.
Survival
12.1
This Subscription Agreement, including without limitation the representations, warranties and covenants contained herein, shall
survive and continue in full force and effect and be binding upon the parties hereto notwithstanding the completion of the purchase
of the Common Shares by the Purchaser pursuant hereto.
13.
Assignment
13.1
This Subscription Agreement is not transferable or assignable without written consent by both the Company and Purchaser.
14.
Severability
14.1
If any provision of this Subscription Agreement is held to be invalid or unenforceable in any respect, the validity and
enforceability of the remaining terms and provisions of this Subscription Agreement shall not in any way be affected or impaired
thereby and the parties will attempt to agree upon a valid and enforceable provision that is a reasonable substitute therefor, and
upon so agreeing, shall incorporate such substitute provision in this Subscription Agreement.
15.
Entire Agreement
15.1
Except as expressly provided in this Subscription Agreement and in the agreements, instruments and other documents contemplated or
provided for herein, this Subscription Agreement contains the entire agreement between the parties with respect to the sale of the
Common Shares and there are no other terms, conditions, representations or warranties, whether expressed, implied, oral or written,
by statute or common law, by the Company or by anyone else.
16.
Notices
16.1
All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given at the date received
if mailed or transmitted by any standard form of telecommunication (including email, but not including facsimile). Notices to the
Purchaser shall be directed to the address on the signature page of this Subscription Agreement and notices to the Company shall be
directed to it at
WeTrade
Group Inc.
1621
Central Ave Cheyenne, Wyoming 82001
17.
Counterparts and Electronic Means
17.1
This Subscription Agreement may be executed in any number of counterparts, each of which, when so executed and delivered, shall
constitute an original and all of which together shall constitute one instrument. Delivery of an executed copy of this Subscription
Agreement by electronic facsimile transmission or other means of electronic communication capable of producing a printed copy will
be deemed to be execution and delivery of this Subscription Agreement as of the date hereinafter set forth.
18.
Amendment and Waiver
18.1
No provision of this Subscription Agreement may be waived or amended except in a written instrument signed, in the case of an
amendment, by the Company and each Purchaser or, in the case of a waiver, by the party against whom enforcement of any such waiver
is sought. No waiver of any default with respect to any provision, condition or requirement of this Subscription Agreement shall be
deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition
or requirement hereof, nor shall any delay or omission of either party to exercise any right hereunder in any manner impair the
exercise of any such right.
[SIGNATURE
PAGES TO FOLLOW]
IN
WITNESS WHEREOF the Purchaser has duly executed this Subscription Agreement as of the date of acceptance by the Company.
|
|
|
(Amount of Subscription in USD) |
|
(Name of Purchaser) |
|
|
|
HK$ 7.80:US$1.00 |
|
|
(Conversion rate between USD and HKD) |
|
(Address of Purchaser) |
|
|
|
|
|
|
(Number of Common Shares Subscribed) |
|
(City, State/Province, Postal Code of Purchaser) |
|
|
|
|
|
|
|
|
(Country of Purchaser) |
A
C C E P T A N C E
The
above-mentioned Subscription Agreement in respect of the Common Shares is hereby accepted by WeTrade Group Inc.
Dated:
_____________, 2023.
WeTrade
Group Inc
By: |
|
|
Name: |
Wei He Chun |
|
Title: |
Chief Executive Officer |
|
v3.23.2
Cover
|
Sep. 13, 2023 |
Cover [Abstract] |
|
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Sep. 13, 2023
|
Entity File Number |
001-41450
|
Entity Registrant Name |
WeTrade
Group Inc.
|
Entity Central Index Key |
0001784970
|
Entity Tax Identification Number |
00-0000000
|
Entity Incorporation, State or Country Code |
WY
|
Entity Address, Address Line One |
Room
101, Level 1 Building 8,
|
Entity Address, Address Line Two |
No.
18, Kechuang 10th Street,
|
Entity Address, City or Town |
Beijing
Economic and Technological Development Zone
|
Entity Address, Country |
CN
|
Entity Address, Postal Zip Code |
100020
|
City Area Code |
86
|
Local Phone Number |
135-011-76409
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Title of 12(b) Security |
Common Stock
|
Trading Symbol |
WETG
|
Security Exchange Name |
NASDAQ
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionISO 3166-1 alpha-2 country code.
+ References
+ Details
Name: |
dei_EntityAddressCountry |
Namespace Prefix: |
dei_ |
Data Type: |
dei:countryCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
WeTrade (NASDAQ:WETG)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
WeTrade (NASDAQ:WETG)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025