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UTime Limited Announces 1-For-10 Reverse Share Split

March 26, 2025 9:00 AM EDT

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... More