U Power Retires Sabby Warrants in Share-for-Warrant Exchange

An update from U Power Limited ( (UCAR) ) is now available.

On March 18, 2026, U Power Limited entered into a Warrant Exchange and Cancellation Agreement with Sabby Volatility Warrant Master Fund Ltd., under which the fund surrendered 551,628 ordinary share purchase warrants issued in July 2025. All rights under these warrants, including reset provisions, were terminated as part of the transaction.

In consideration, U Power agreed to issue 3,000,000 Class A ordinary shares to the fund, with 500,000 shares to be delivered immediately via DWAC and the remainder subject to a 9.99% beneficial ownership cap. Following issuance, U Power will have 7,603,440 Class A and 368,044 Class B ordinary shares outstanding, simplifying its capital structure by eliminating derivative securities while increasing common equity held by a single institutional investor.

The most recent analyst rating on (UCAR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on U Power Limited stock, see the UCAR Stock Forecast page.

Spark’s Take on UCAR Stock

According to Spark, TipRanks’ AI Analyst, UCAR is a Neutral.

The score is held back primarily by ongoing unprofitability and weak cash flows despite strong revenue growth. Technicals are mixed with only modest near-term momentum and a weaker longer-term trend. Valuation is also constrained by the negative P/E and lack of dividend yield data.

To see Spark’s full report on UCAR stock, click here.

More about U Power Limited

U Power Limited is a China-based company listed in the U.S. that issues Class A and Class B ordinary shares to investors. The company has engaged in structured financing using ordinary share purchase warrants, reflecting an active approach to capital management in the U.S. capital markets.

Average Trading Volume: 3,569,638

Technical Sentiment Signal: Sell

Current Market Cap: $4.02M

See more data about UCAR stock on TipRanks’ Stock Analysis page.