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UTime Limited prices $1.2M direct offering to raise capital for growth.

Company Fundamentals
01 May 2026
GlobeNewsWire
Neutral
pluang ai news

UTime Limited, a global tech company specializing in mobile devices, announced a registered direct offering of 1 million shares at $1.20 each, aiming to raise approximately $1.2 million before fees. The offering is expected to close around May 4, 2026, and proceeds will support the company's business and growth initiatives. This move follows UTime's ongoing efforts to expand its product lineup and market reach. Investors can access detailed offering documents via the SEC website once filed.

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