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UTime to execute 10-for-1 reverse stock split June 22

PUBT·06/17/2026 15:15:11
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UTime to execute 10-for-1 reverse stock split June 22
  • UTime will implement a 10-for-1 reverse stock split of its Class A ordinary shares effective 8 a.m. ET on June 22, 2026.
  • Shares are set to trade on Nasdaq on a post-split basis June 22 under ticker WTO.
  • Par value will rise to US$ 5 per share from US$ 0.50.
  • New CUSIP number: G9411M157.
  • Ownership percentages are expected to remain unchanged, aside from minor effects tied to fractional shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UTime Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606171115PRIMZONEFULLFEED9748587) on June 17, 2026, and is solely responsible for the information contained therein.