U Power raises $3.19 million through share subscription agreements

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Go back to U Power raises $3.19 million through share subscription agreements

U Power Limited Signs $3.19 Million Subscription Agreements with Strategic Investors

April 7, 2026 6:38 PM EDT

SHANGHAI, April 7, 2026 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced that on April 7, 2026, it entered into subscription agreements (the "Subscription Agreements") with seven purchasers, for the sale of 2,900,000 Class A Ordinary Shares (each, a "Share" and collectively, the "Shares") of the... More