UTime Limited Announces Pricing of Initial Public Offering

UTime Limited Announces Pricing of Initial Public Offering

UTime Limited (“UTime” or the “Organization”) (Nasdaq utme at https://www.webull.com/quote/nasdaq-utme), a cell phone fabricating organization focused on giving practical items and answers for purchasers around the world, today reported the valuing of its first sale of stock of 3,750,000 portions of its conventional offers for US$4.00 per offer to people in general for an aggregate of US$15 million of gross continues to UTime.

The common offers are required to start exchanging on the Nasdaq Capital Market on April 6, 2021, under the image “UTME.” The contribution is relied upon to close on April 8, 2021, subject to standard shutting conditions.

The contribution has been made exclusively through a plan. A duplicate of the last outline identified with the contribution might be acquired, when accessible, from Boustead Securities, LLC. What’s more, a duplicate of the last plan identifying with the contribution might be acquired using the SEC’s site.

An enlistment proclamation identifying with these protections was documented with the Securities and Exchange Commission (the “SEC”) and was proclaimed compelling on April 5, 2021.

About UTime Limited

UTime Limited works as a cell phone fabricating organization focused on giving practical items and answers for buyers around the world and aiding low-pay people from setting up and developing business sectors. Nasdaq utme Limited is essentially occupied with the plan, advancement, creation, deals, and brand activity of cell phones, frill, and related customer hardware. UTime Limited qualities precise administration and puts together creation with exacting great norms and creation advances. UTime Limited ceaselessly attempts to improve its general assembling administration level, reinforce its expense control cycles, and upgrade its capacity to react quickly to advertise elements for manageable advancement in its Electronics Manufacturing Services section.

Forward-Looking Statements

Articulations in this public statement about future assumptions, plans, and prospects, just as some other proclamations in regards to issues that are not verifiable realities, may establish “forward-looking explanations” inside the importance of The Private Securities Litigation Reform Act of 1995. These assertions incorporate, yet are not restricted to, articulations identifying with the normal exchanging beginning and shutting dates.

Genuine outcomes may vary physically from those showed by such forward-looking articulations because of different significant variables, including the vulnerabilities identified with economic situations and the culmination of the public contribution on the expected standing or by any stretch of the imagination, and different elements examined in the “Hazard Factors” part of the starter outline documented with the SEC. Any forward-glancing articulations contained in this official statement talk just as of the date about and the Company explicitly repudiates any commitment to refresh any forward-looking assertion. Before investing, you can check more stocks like nyse hyln at https://www.webull.com/quote/nyse-hyln .