Utime limited receives 180-day extension from nasdaq to meet minimum bid price rule

New york, march 04, 2024 (globe newswire) -- utime limited (“utime” or the “company”) (nasdaq: utme), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets, today announced that on february 28, 2024, the company received a written notification from the nasdaq's listing qualifications department, granting the company another 180 calendar days extension, or until august 26, 2024, to regain compliance with nasdaq's minimum bid price requirement.
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