Wetouch Technology Inc, a projected capacitive touchscreens developer, has filed Form S-1 Registration Statement on September 13, 2021 with the U.S. Securities and Exchange Commission to raise up to $62 million IPO. Pricing terms are yet to announce.
The company is specializing in large-format touchscreens, which are developed and designed for a wide variety of markets and used in the financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries.
The Sichuan, China-based company was founded in 1992 and booked $49 million in sales for the 12 months ended June 30, 2021. It plans to list on the Nasdaq Capital Market under the symbol “WETH.” Craft Capital Management and R.F. Lafferty & Co. are underwriters of the IPO.
The company engages The Crone Law Group, P.C. as US Securities Counsel, and B F Borgers CPA PC as Independent Auditor.
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