UTime Limited (WTO) Announces 1:25 Reverse Share Split

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Go back to UTime Limited (WTO) Announces 1:25 Reverse Share Split

UTime Limited Announces 1-For-25 Reverse Share Split

September 9, 2024 11:00 AM EDT

NEW YORK, Sept. 09, 2024 (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 ordinary shares, par value $0.0001 per share (the Ordinary Shares), at a ratio of 1-for-25, to be effective on or around the open of trading on September 11, 2024.

Our Ordinary Shares will begin trading on a reverse share split-adjusted basis... More