UTime Limited Announces Pricing of $25 Million Registered Direct Offering
UTime Limited - Class A Ordinary Shares (WTO)
Company Research
Source: GlobeNewswire
Shenzhen, China, Oct. 16, 2025 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO) (the “Company”), a consumer electronics and mobile device manufacturer specializing in the design, production, and sale of smartphones, feature phones, and related accessories under both OEM/ODM and self-owned brands, today announced that it has entered into a definitive securities purchase agreement with five institutional investors for the purchase and sale of an aggregate of 22,727,275 units (each, a “Unit”), consisting of one class A ordinary share of the Company, par value $0.001 per share (each, an “Class A Ordinary Share”) and one Series A warrant (each, a “Warrant”), at a purchase price of $1.10 per Unit in a registered direct offering. The gross proceeds to the Company from this offering are expected to be approximately $25.0 million, before deducting placement agent fees and other offering expenses payable by the Company. Each of the Warrants will have an exercise price of $1.10 per Class A Or
Show less
Read more
Impact Snapshot
Event Time:
WTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WTO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WTO alerts
High impacting UTime Limited - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
WTO
News
- UTime (NASDAQ:WTO) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=WTO&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> to a "MarketBeat
- BC-Most Active Stocks [Yahoo! Finance]Yahoo! Finance
- UTime Limited Announces 1-for-100 Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
- UTime to enact 1-for-100 reverse stock split; shares down [Seeking Alpha]Seeking Alpha
- UTime Limited Announces 1-for-100 Reverse Stock SplitGlobeNewswire
WTO
Sec Filings
- 11/12/25 - Form 6-K
- 11/5/25 - Form 6-K
- 11/3/25 - Form 6-K
- WTO's page on the SEC website