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UTime answers shareholder questions ahead of Sept. 10 extraordinary meeting
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UTime answers shareholder questions ahead of Sept. 10 extraordinary meeting
  • UTime set a Sept. 10, 2026 extraordinary general meeting to vote on major capital changes tied to Nasdaq listing risk.
  • Shareholders of record as of Aug. 27, 2026 may vote; Class A carries 1 vote per share, Class B carries 20.
  • Quorum requires holders of at least one-third of issued shares present in person or by proxy; abstentions count for quorum only.
  • Key votes: boost authorized capital to US$ 50.001 billion; subdivide shares to cut par value to US$ 0.00000001.
  • Board seeks authority for a 1:10 to 1:100 reverse split if shares trade below US$ 1 for five straight days.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UTime Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-041027), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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