{"id":909270,"date":"2025-11-12T17:45:29","date_gmt":"2025-11-12T22:45:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/utime-limited-announces-1-for-100-reverse-stock-split\/"},"modified":"2025-11-12T17:45:29","modified_gmt":"2025-11-12T22:45:29","slug":"utime-limited-announces-1-for-100-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/utime-limited-announces-1-for-100-reverse-stock-split\/","title":{"rendered":"UTime Limited Announces 1-for-100 Reverse Stock Split"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>SHENZHEN, China, Nov.  12, 2025  (GLOBE NEWSWIRE) &#8212; UTime Limited (Nasdaq: WTO)\u00a0<\/strong>today announced that it will implement a reverse stock split of its common shares at a ratio of 1-for-100, effective 12:01 a.m. Eastern Time on November 21, 2025. UTime\u2019s Class A ordinary shares will begin trading on Nasdaq on a split-adjusted basis at market open on November 21, 2025 under the ticker symbol \u201cWTO.\u201d<\/p>\n<p align=\"justify\">The reverse split is intended to increase the per-share trading price of UTime\u2019s Class A ordinary shares to help the Company regain compliance with Nasdaq\u2019s minimum bid price requirement and better position the stock for long-term growth and institutional participation.<\/p>\n<p align=\"justify\">No fractional shares will be issued in connection with the reverse split. Any fractional shares resulting from the adjustment will be rounded up to the nearest whole share. Stockholders holding shares electronically in brokerage or book-entry form will have their positions automatically updated to reflect the reverse split.<\/p>\n<p align=\"justify\">\n        <strong>About UTime Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Trading under the NASDAQ ticker WTO, UTime Limited is engaged in the design, development, production, sales and brand operation of mobile devices in China and globally. The company aims to provide cost-effective products and serves a broad customer base.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company\u2019s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. For additional risk factors, please review UTime Limited\u2019s Annual Report on Form 20-F and other SEC filings. Forward-looking statements are made only as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>Contact:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=I4WYjaDInJwvQPty93aC9-_e3yC_hrg1PnOCBFZOa-IrUvdxYIVCAeolQq6Y3vdrOKkn3qsTA6stCV_pq5h4Oi8QKGMlyKl5nW8NFgTRzfN16vx_roVpWPS_PlzCsbcm\" rel=\"nofollow\" target=\"_blank\">qhengcong@utimemobile.com<\/a>\n      <\/p>\n<p align=\"justify\">UTime Limited<br \/>7th Floor, Building 5A<br \/>Shenzhen Software Industry Base, Nanshan District<br \/>Shenzhen, People\u2019s Republic of China 518061<br \/>Tel: (86) 755 86512266<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3NDMzMyM3MjYwMTYyIzUwMDE1MzQ0Mw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDgxM2M0NzQtNWQ2OC00OWZiLWI3YjctMDZjMmI3N2U1OTNhLTUwMDE1MzQ0My0yMDI1LTExLTEyLWVu\/tiny\/UTime-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SHENZHEN, China, Nov. 12, 2025 (GLOBE NEWSWIRE) &#8212; UTime Limited (Nasdaq: WTO)\u00a0today announced that it will implement a reverse stock split of its common shares at a ratio of 1-for-100, effective 12:01 a.m. Eastern Time on November 21, 2025. UTime\u2019s Class A ordinary shares will begin trading on Nasdaq on a split-adjusted basis at market open on November 21, 2025 under the ticker symbol \u201cWTO.\u201d The reverse split is intended to increase the per-share trading price of UTime\u2019s Class A ordinary shares to help the Company regain compliance with Nasdaq\u2019s minimum bid price requirement and better position the stock for long-term growth and institutional participation. No fractional shares will be issued in connection with the reverse split. Any fractional shares &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/utime-limited-announces-1-for-100-reverse-stock-split\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UTime Limited Announces 1-for-100 Reverse Stock Split&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-909270","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UTime Limited Announces 1-for-100 Reverse Stock Split - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/utime-limited-announces-1-for-100-reverse-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UTime Limited Announces 1-for-100 Reverse Stock Split - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHENZHEN, China, Nov. 12, 2025 (GLOBE NEWSWIRE) &#8212; UTime Limited (Nasdaq: WTO)\u00a0today announced that it will implement a reverse stock split of its common shares at a ratio of 1-for-100, effective 12:01 a.m. Eastern Time on November 21, 2025. UTime\u2019s Class A ordinary shares will begin trading on Nasdaq on a split-adjusted basis at market open on November 21, 2025 under the ticker symbol \u201cWTO.\u201d The reverse split is intended to increase the per-share trading price of UTime\u2019s Class A ordinary shares to help the Company regain compliance with Nasdaq\u2019s minimum bid price requirement and better position the stock for long-term growth and institutional participation. No fractional shares will be issued in connection with the reverse split. 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