UTime Limited raises $1.2M via direct offering of shares at $1.20 each

UTime Limited, a global mobile device maker, completed a $1.2 million registered direct offering by selling 1 million Class A shares at $1.20 each to institutional investors. The offering was managed by Univest Securities under a previously filed SEC registration. This capital raise supports UTime's ongoing development and operations in the competitive tech hardware market. Investors can review the offering details on the SEC website for further information.