Item 5. Market for Registrant’s Common Equity
ITEM
5.
Market
for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Trading
Market
Our
common stock is currently traded on the Nasdaq under the symbol “WETH.”
Holders
of Record
On
April 15, 2024, the closing price per share of our common stock was $2.01. We had approximately 417 stockholders of record as of April
15, 2024. On April 15, 2024 there were 11,931,534 shares of our common stock issued and outstanding.
Dividend
Policy
We
do not anticipate declaring or paying, in the foreseeable future, any cash dividends on our capital stock. We intend to retain all available
funds and future earnings, if any, to fund the development and expansion of our business. Any future determination regarding the declaration
and payment of dividends, if any, will be at the discretion of our board of directors and will depend on then-existing conditions, including
our financial condition, operating results, contractual restrictions, capital requirements, business prospects and other factors our
board of directors may deem relevant.
Securities
Authorized for Issuance Under Equity Compensation Plan
The
Company does not have any equity compensation plans.
Recent
Sales of Unregistered Securities
None.
Purchases
of Equity Securities by the Company and Affiliated Purchasers
None.
49
ITEM
6.
[Reserved]
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