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Ucommune International Raises Capital With First Tranche of Series A Convertible Preferred Share Issuance

Story Highlights
  • Ucommune agreed on December 23, 2025 to issue up to 5,000 Series A Convertible Preferred Shares in two tranches.
  • The company closed the first tranche that day, issuing 2,750 preferred shares under a structure balancing capital needs and dilution control.
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Ucommune International Raises Capital With First Tranche of Series A Convertible Preferred Share Issuance

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Ucommune International ( (UK) ) has shared an announcement.

On December 23, 2025, Ucommune International Ltd entered into a securities purchase agreement with an investor to issue up to 5,000 Series A Convertible Preferred Shares at US$1,000 per share in a two-tranche financing, with the second tranche contingent on shareholder approval for an increase in share capital and a consolidation of Class A ordinary shares. On the same date, the company closed the first tranche by issuing 2,750 preferred shares, and adopted a Certificate of Designations creating the new Series A Convertible Preferred Shares, which are convertible into Class A ordinary shares at a variable price tied to market levels but subject to a floor and, until May 15, 2026, a practical minimum of US$1.00 per share. The structure underscores Ucommune’s effort to raise capital while managing dilution and preserving flexibility over its capital structure, potentially affecting existing shareholders through future conversions and positioning the company to support its operations and growth plans in China’s office space market.

More about Ucommune International

Ucommune International Ltd is a China-based provider of co-working spaces and related services, operating primarily in the country’s flexible office market and catering to businesses seeking shared workspace solutions. The company is listed on Nasdaq under the ticker “UK” and focuses on leveraging its serviced office platform to attract and retain members in China’s competitive office space sector.

Average Trading Volume: 36,752

Technical Sentiment Signal: Sell

Current Market Cap: $1.7M

For an in-depth examination of UK stock, go to TipRanks’ Overview page.

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