$WTO

Univest Securities, LLC Announces Closing of $1.2 Million Registered Direct Offering for its Client UTime Limited (NASDAQ: WTO)

GlobeNewswire Inc. · 5/4/2026, 9:00:00 PM

Univest Securities successfully closed a $1.2 million registered direct offering for UTime Limited, selling 1 million Class A ordinary shares at $1.20 per share to institutional investors. Univest acted as the sole placement agent for the offering, which was conducted under a previously effective shelf registration statement.

UTime Limited Announces Pricing of $1.2 Million Registered Direct Offering

GlobeNewswire Inc. · 5/1/2026, 7:29:00 PM

UTime Limited (Nasdaq: WTO), a mobile devices and smart hardware manufacturer, announced a registered direct offering of 1,000,000 Class A ordinary shares at $1.20 per share, expected to raise approximately $1.2 million gross proceeds. The offering is expected to close on or about May 4, 2026, with Univest Securities serving as the sole placement agent.

UTime Makes $80 Million Play For Crypto Data Giant Feixiaohao

Benzinga · 3/13/2026, 2:54:33 PM

UTime Limited (NASDAQ: WTO) announced a nonbinding letter of intent to acquire 100% of Feixiaohao Technology Inc. for up to $80 million ($64 million in stock and $16 million in cash). The acquisition aims to enhance UTime's position in the Web3 and blockchain data infrastructure sector by integrating Feixiaohao's data capabilities with UTime's hardware expertise. However, UTime shares fell 6.42% on the news, trading near 52-week lows after a 99.69% decline over the past 12 months.

UTime Subsidiary Lands US$50 Million Smart Server Intent Agreement, Powering Next-Gen Computing Infrastructure

GlobeNewswire Inc. · 2/3/2026, 8:45:00 PM

UTime Limited's subsidiary Shenzhen Liandai Technology has signed a strategic intent agreement with Shenzhen Yunwei Digital Technology for the potential supply of 500,000 units of GM800 smart servers valued at approximately $50 million. The agreement marks UTime's expansion into the enterprise and cloud infrastructure sector, with formal contract signing targeted for mid-February 2026 and initial deliveries expected to commence by mid-February 2026 through 2027.

Smart Health Wearables Landmark: UTime Subsidiary Secures 50,000-Unit Mega Order, Opening New Chapter for UTime’s Expansion into the North American Market

GlobeNewswire Inc. · 12/31/2025, 8:45:00 PM

UTime Limited's Hong Kong subsidiary signed a ~$10 million procurement agreement with Tumu Vertex LLC for 50,000 smart health devices, including blood pressure watches and ECG smart rings. The order marks UTime's strategic expansion into the North American medical-grade wearable market, with initial deliveries expected in Q1 2026.