/PRNewswire/ UTime Limited ("UTime" or the "Company") (Nasdaq: UTME) announced that on October 6, 2021, the People s Government of Jiangnan District in.
UTime Limited Announces Pricing of Initial Public Offering
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NEW YORK, April 6, 2021 /PRNewswire/ UTime Limited ( UTime or the Company ) (Nasdaq: UTME), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally, today announced the pricing of its initial public offering of 3,750,000 shares of its ordinary shares at a price of US$4.00 per share to the public for a total of US$15 million of gross proceeds to UTime.
The ordinary shares are expected to begin trading on the Nasdaq Capital Market on April 6, 2021 under the symbol UTME. The offering is expected to close on April 8, 2021, subject to customary closing conditions.