HW Electro Co., Ltd. (HWEP)

HW Electro was planning to go public, but the IPO was withdrawn on Apr 29, 2024.
IPO Price
$4.00
Shares Offered
3,750,000
Deal Size
$15.00M
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Market Cap 167.30M
Revenue (ttm) 1.67M
Net Income (ttm) -8.01M
Shares Out 41.82M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About HWEP

HW Electro commenced selling and delivering two models of electric light commercial vehicles, ELEMO and ELEMO-K, in Japan in April 2022 and July 2022, respectively, and have been working with Cenntro, our cooperating manufacturer, to produce them under our brand, “ELEMO,” in its factory in Hangzhou, China. ELEMO is the first electric vehicle we sell and is the second electric light commercial vehicle that has ever been sold in Japan. Since the inception of our operation, we have been leveraging the customizability and adjustability of our elect... [Read more]

Founded 2019
Employees 14
Stock Exchange NASDAQ
Ticker Symbol HWEP
Full Company Profile

Financial Performance

Financial Statements

News

IPO Update: HW Electro Aims For U.S. IPO Despite Miniscule Revenue

HW Electro Co., Ltd. has filed for an IPO to raise $15 million in gross proceeds from the sale of American Depositary Shares of its common stock. The company sells imported electric light commercial v...

1 year ago - Seeking Alpha

U.S. IPO Weekly Recap: Reinsurance And CAR T Therapies Lead A 3 IPO Week

Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics priced at the bottom of the range to raise $281 million...

1 year ago - Seeking Alpha

HW Electro Starts Mini-IPO Process

HW Electro Co., Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The company sells imported electric light commercial vehicles in Japan and has recently begun operations. HW Electr...

1 year ago - Seeking Alpha

HW Electro

HW Electro has filed to go public with an IPO on the NASDAQ

1 year ago - SEC