Utime limited announces 1-for-25 reverse share split

New york, sept. 09, 2024 (globe newswire) -- utime limited (“utime” or the “company”) (nasdaq: wto), 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 it will effect a reverse share split of its outstanding ordinary shares, par value $0.0001 per share (the “ordinary shares”), at a ratio of 1-for-25, to be effective on or around the open of trading on september 11, 2024.
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