UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release [Yahoo! Finance]
UTime Limited - Class A Ordinary Shares (WTO)
Company Research
Source: Yahoo! Finance
mobile device manufacturer and technology company, today issued a statement regarding misinformation the Company believes is being put into the market by a former employee and to clarify that UTime's management and board composition remains unchanged following the unauthorized publication of two press releases put out overnight. On September 11, 2025, two fraudulent press releases were published – one indicating that the Company's management and board has resigned and been replaced with a new team and one indicating that the Company's website address has been changed (the “Unauthorized Press Releases”). Each of these Unauthorized Press Releases is false and may not be relied on. The Company is now taking every action to ensure that the individual behind these publications is unable to make any further disruption. The Company wishes to advise its shareholders, investors, and the public that the Unauthorized Press Releases were not authorized, reviewed, or approved by the Company's
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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