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UTime Shareholders Approve 5-for-1 Reverse Split and Capital Overhaul to Support Nasdaq Compliance

Story Highlights
  • On January 26, 2026, UTime investors approved a 5-for-1 share consolidation, a major increase in authorized capital and new governing documents.
  • Shareholders also granted the board wide latitude to execute further reverse splits to restore and maintain compliance with Nasdaq listing standards.
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UTime Shareholders Approve 5-for-1 Reverse Split and Capital Overhaul to Support Nasdaq Compliance

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UTime ( (WTO) ) just unveiled an announcement.

At an extraordinary general meeting held on January 26, 2026, UTime Limited’s shareholders approved a series of capital structure changes, including a consolidation of its Class A ordinary shares on a five-for-one basis, a substantial increase in authorized share capital to 900 million Class A and 100 million Class B shares (subject to the chosen consolidation ratio), and the adoption of a Third Amended and Restated Memorandum and Articles of Association, effective the same day. Investors also authorized the board to implement, within the next 12 months, one or more additional share consolidations in a range of 10:1 to 200:1 after the initial consolidation, specifically to help the company regain and maintain compliance with Nasdaq listing rules, signaling a proactive attempt to stabilize its capital structure and preserve its U.S. listing; the board has already selected the 5:1 consolidation ratio, which will take effect once Nasdaq notification and approval requirements are met.

More about UTime

UTime Limited is a Cayman Islands–incorporated company headquartered in Shenzhen, China, and listed on Nasdaq as a foreign private issuer. The company has a dual-class share structure framework authorizing Class A and Class B ordinary shares, with Class A carrying one vote per share and Class B designed to carry twenty votes per share, though no Class B shares are currently outstanding.

Average Trading Volume: 1,242,678

Technical Sentiment Signal: Sell

Current Market Cap: $1.58M

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

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