UTime (WTO) has released an update.
UTime Limited shareholders have overwhelmingly approved proposals for a share consolidation and an increase in the company’s authorized share capital during an extraordinary general meeting. The share consolidation will combine every twenty-five ordinary shares into one, resulting in fewer, higher-value shares. Additionally, the authorized share capital will increase tenfold, paving the way for a potential expansion of the company’s equity base.
For further insights into WTO stock, check out TipRanks’ Stock Analysis page.
