WeTouch Technology Inc. (NASDAQ: WETH) has issued an update regarding its previously approved special cash dividend plan. The company stated that it continues to coordinate administrative, shareholder-record, and payment-processing procedures with its transfer agent and third-party service providers.
The Board of Directors originally approved a plan to distribute cash dividends of up to US$0.5 million to eligible shareholders. The record date for eligibility remains August 17, 2026. The company noted that additional time is required to finalize the processing steps necessary to facilitate the distribution.
CEO Jack Zongyi Lian emphasized the company's commitment to completing the distribution. He stated that the firm is working diligently with relevant parties to complete the required procedures in an orderly manner.
WeTouch intends to announce the updated payment timing once the administrative and payment arrangements have been finalized. No action is required by eligible shareholders unless contacted by their broker or intermediary for customary administrative information.
