Utime limited announces receipt of notice from nasdaq regarding late filing of annual report on form 20-f

New york, aug. 24, 2022 (globe newswire) -- utime limited (nasdaq: utme) (“utime” or the “company), a mobile device manufacturing company focused on china and other emerging markets, today announced that  it has received a notice (“notice”) from the listing qualifications department (the “staff”) of the nasdaq stock market (“nasdaq”) as a result of its failure to file its annual report on form 20-f for the fiscal year ended march 31, 2022 (the “form 20-f”) in a timely fashion. the notice advised the company that it was not in compliance with nasdaq's continued listing requirements under the timely filing criteria established in nasdaq listing rule 5250(c)(1) (the “rule”).
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