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The latest update is out from UTime ( (WTO) ).
UTime Limited recently addressed a compliance issue with Nasdaq by completing a $25 million private placement, which brought its stockholders’ equity to approximately $6.69 million, thus meeting the Nasdaq’s $2.5 million requirement. Additionally, on October 14, 2025, UTime announced the discontinuation of several subsidiaries, including Changsha Utime Business Management Co., Ltd., WTO New York Inc., and UT (HK) International Technology Co. Limited, as part of its strategy to focus on core operations and improve financial stability.
More about UTime
UTime Limited operates in the technology sector, focusing on providing innovative solutions and services. The company is based in Shenzhen, China, and has been involved in various business lines, although it is currently focusing on its core businesses and strategic priorities.
Average Trading Volume: 214,244
Technical Sentiment Signal: Sell
Current Market Cap: $24.55M
For an in-depth examination of WTO stock, go to TipRanks’ Overview page.