UTime Limited Announces 5-for-1 Reverse Stock Split Effective Feb. 17
UTime Limited announced a 5-for-1 reverse stock split of its Class A ordinary shares effective February 17, 2026, consolidating every five $0.10 shares into one $0.50 share. Post-split shares will trade on the Nasdaq Capital Market under the existing symbol with new CUSIP G9411M140.
1. Reverse Stock Split Announcement
UTime Limited’s board of directors approved a 5-for-1 reverse stock split on January 20, 2026, which was ratified by shareholders at an extraordinary general meeting on January 26, 2026. The company will consolidate every five Class A ordinary shares, par value $0.10, into one share with a par value of $0.50.
2. Details of Share Consolidation
The final 5:1 consolidation ratio was established by the board on January 26, 2026. The approvals included increases to authorized share capital and amendments to the company’s memorandum and articles of association related to the share consolidation.
3. Shareholder Impact
The consolidation will not alter any shareholder’s percentage ownership interest in UTime Limited other than nominal adjustments from fractional-share rounding. Fractional shares will be settled according to the company’s standard procedures.
4. Trading Post-Split
Beginning at 8:00 a.m. Eastern Time on February 17, 2026, UTime’s Class A ordinary shares will trade on the Nasdaq Capital Market under the existing ticker, WTO, on a post-split basis with new CUSIP number G9411M140.