StreetInsider.com News Articles

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

SHENZHEN, China, Sept. 11, 2025 (GLOBE NEWSWIRE) -- UTime Limited (the "Company" or “Utime”) (NASDAQ: WTO), a mobile device manufacturer and technology company, today issued a statement regarding misinformation the Company believes is being put into the market by a former employee and to clarify that UTime’s management and board composition remains unchanged following the unauthorized publication of two press releases put out overnight.

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release

Thu, 11 Sep 2025 16:07:00 -0500

On September 11, 2025, two fraudulent press releases were published – one indicating that the Company’s management and board has resigned and been replaced with a new team and one indicating

UTime receives Nasdaq deficiency notice over equity requirement

Thu, 21 Aug 2025 16:05:43 -0500

UTime Limited (NASDAQ: WTO) received a notification letter from Nasdaq on August 15 stating the company no longer meets the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market.

The Beijing-based company falls below the required $2.5 million in stockholders' equity based on its Form 20-F filing for the year ended March 31, 2025. UTime also does not meet alternative requirements for market value of listed securities or net income from continuing operations as of August 14.

The notification does not immediately affect the trading of UTime's Class A ordinary shares on Nasdaq. The company has 45 calendar days

UTime receives Nasdaq deficiency notice over equity requirement

Thu, 21 Aug 2025 16:05:43 -0500

The notification does not immediately affect the trading of UTime's Class A ordinary shares on Nasdaq. The company has 45 calendar days

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

BEIJING, Aug. 21, 2025 (GLOBE NEWSWIRE) -- UTime Limited ("UTime" or the "Company") (Nasdaq: WTO), today announced that on August 15, 2025, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is no longer in compliance with the requirement of maintaining a minimum of $2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(b)(1) based on the Company’s reported stockholders’ equity in its Form 20-F for the year ended March 31, 2025,

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

UTime Ltd. Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency

Thu, 21 Aug 2025 16:05:00 -0500

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- UTime Limited (“UTime” or the “Company”) (Nasdaq: WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), at a ratio of 1-for-10, to be effective on or around the open of trading on March 31, 2025.

Our Ordinary Shares will begin trading on a reverse share

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

Our Ordinary Shares will begin trading on a reverse share

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

Our Ordinary Shares will begin trading on a reverse share

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

Our Ordinary Shares will begin trading on a reverse share

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

Our Ordinary Shares will begin trading on a reverse share

UTime Limited Announces 1-For-10 Reverse Share Split

Wed, 26 Mar 2025 09:00:00 -0500

Our Ordinary Shares will begin trading on a reverse share

Form 20-F UTime Ltd For: Mar 31

Tue, 30 Jul 2024 16:07:00 -0500

si-local-file:///var/storage/secattach/20240730/23525000.html

Form 20-F UTime Ltd For: Mar 31

Tue, 30 Jul 2024 16:07:00 -0500

si-local-file:///var/storage/secattach/20240730/23525000.html

Form 20-F UTime Ltd For: Mar 31

Tue, 30 Jul 2024 16:07:00 -0500

si-local-file:///var/storage/secattach/20240730/23525000.html

Form EFFECT UTime Ltd

Tue, 11 Jun 2024 06:02:00 -0500

si-local-file:///var/storage/secattach/20240611/23344682.html

Form EFFECT UTime Ltd

Tue, 11 Jun 2024 06:02:00 -0500

si-local-file:///var/storage/secattach/20240611/23344682.html