newsfilter
← Latest News
GlobeNewswire·

UTime Limited Announces Reverse Stock Split

  • UTime Limited announced a 10:1 share consolidation effective at 8:00 a.m. ET on June 22, 2026.
  • The consolidation converts every ten Class A ordinary shares with a $0.50 par value into one share with a $5.00 par value.
  • Shares will begin trading on the Nasdaq Capital Market on June 22, 2026, under the existing "WTO" ticker & a new CUSIP of G9411M157.
  • The 10:1 ratio was authorized by the Board on May 22, 2026, following shareholder approval in January 2026 for a range between 10:1 & 200:1.
  • The consolidation will not alter shareholder percentage ownership except for minor fractional share adjustments.
  • UTime Limited designs, develops, produces, & sells mobile devices in China & globally under the WTO ticker.