UTime Limited Announces Reverse Stock Split

UTime (Nasdaq: WTO) announced a 5-for-1 reverse stock split of its Class A ordinary shares, effective 8:00 a.m. ET on February 17, 2026.

Rhea-AI Summary

UTime (Nasdaq: WTO) announced a 5-for-1 reverse stock split of its Class A ordinary shares, effective 8:00 a.m. ET on February 17, 2026.

The Company will trade on the Nasdaq Capital Market post-split under the existing ticker WTO with a new CUSIP G9411M140. The board approved the consolidation on January 20, 2026, shareholders ratified it at the January 26, 2026 extraordinary meeting, and related amendments to authorized share capital and the memorandum and articles were approved.

The consolidation will not change any shareholder’s percentage ownership except for minor adjustments from fractional-share treatment.

Positive

• 5-for-1 reverse split effective 8:00 a.m. ET on February 17, 2026
• Post-split trading continues under ticker WTO on Nasdaq with new CUSIP G9411M140
• Shareholders' percentage ownership unaltered aside from fractional-share adjustments

Negative

• Fractional-share treatment may cause minor adjustments to individual holdings
• Shareholders approved an increase in authorized share capital, enabling potential future share issuance

Argus Feb 6 session

-38.37% close to close Open Argus

Details

News Market Reaction – WTO

On Feb 6, the day this news came out, WTO closed 38.37% below the previous close.

Data tracked by StockTitan Argus for the Feb 6 session.

Key Figures

Reverse split ratio: 5-for-1 Pre-split par value: US$0.10 per share Post-split par value: US$0.50 per share +5 more

Reverse split ratio

5-for-1

Class A ordinary share consolidation approved January 26, 2026

Pre-split par value

US$0.10 per share

Class A ordinary shares before consolidation

Post-split par value

US$0.50 per share

Class A ordinary shares after consolidation

Effective time

8:00 a.m. Eastern Time

Share consolidation effective on February 17, 2026

Effective date

February 17, 2026

Trading on Nasdaq on a post-split basis begins

Board approval date

January 20, 2026

Share consolidation approved by board of directors

EGM approval date

January 26, 2026

Extraordinary general meeting approved consolidation and capital changes

Price move

38.38%

24h move in WTO shares before this news

Previous Stock split Reports

3 past events · Latest: Nov 12

Same Type 3 events

1. Nov 12

   Reverse stock split

   24h Move

   -5.3%

   Announced 1-for-100 reverse split to address Nasdaq minimum bid requirement.

2. Mar 26

   Reverse stock split

   24h Move

   -21.7%

   1-for-10 reverse split to regain compliance with $1.00 Nasdaq bid price.

3. Sep 09

   Reverse stock split

   24h Move

   -27.9%

   1-for-25 reverse split to lift share price and meet Nasdaq rules.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share consolidation, par value, cusip, fractional shares

4 terms

share consolidation regulatory

"its share consolidation (“Share Consolidation”) involving the consolidation of every"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

par value regulatory

"shares, with a par value of US$0.10 per share, into one (1) class A ordinary"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

cusip technical

"on a post-split basis, under the existing ticker symbol “WTO,” with a new CUSIP number"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

fractional shares financial

"except for minor adjustments resulting from the treatment of fractional shares."

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

View in glossary

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SHENZHEN, China, Feb. 06, 2026 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO) today announced that its share consolidation (“Share Consolidation”) involving the consolidation of every five (5) Class A ordinary shares, with a par value of US$0.10 per share, into one (1) class A ordinary share with a par value of US$0.50 per share, will take effect at 8:00 a.m. Eastern Time on February 17, 2026. The Company’s Class A Ordinary shares will open for trading on the Nasdaq Capital Market on February 17, 2026, on a post-split basis, under the existing ticker symbol “WTO,” with a new CUSIP number of G9411M140.

Details of the Share Consolidation

The Share Consolidation was approved by the Company’s board of directors on January 20, 2026, was further approved by the Company’s shareholders at the Company’s extraordinary general meeting held on January 26, 2026 (the “Extraordinary Meeting”), with the final 5:1 Share Consolidation ratio set by the board of directors on January 26, 2026. At the Extraordinary Meeting, the shareholders approved the Share Consolidation, along with resolutions to increase the authorized share capital and to amend the memorandum and articles of association, and a potential share consolidation, following the effectiveness of the Share Consolidation.

Impact on Shareholders

The Share Consolidation will not affect any shareholder’s percentage ownership interest in the Company, except for minor adjustments resulting from the treatment of fractional shares.

About UTime Limited

Trading under the Nasdaq ticker WTO, UTime Limited is engaged in the design, development, production, sales and brand operation of mobile devices in China and globally. The company aims to provide cost-effective products and serves a broad customer base.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. For additional risk factors, please review UTime Limited’s Annual Report on Form 20-F and other SEC filings. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact:
UTime Limited
7th Floor, Building 5A
Shenzhen Software Industry Base, Nanshan District
Shenzhen, People’s Republic of China 518061
Tel: (86) 755 86512266
qhengcong@utimemobile.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the reverse stock split ratio and effective date for UTime (WTO)?

The company is implementing a 5-for-1 reverse split effective 8:00 a.m. ET on February 17, 2026. According to the company, this consolidates every five Class A shares into one Class A share and takes effect before market open on that date.

Will UTime shares still trade as WTO after the reverse split?

Yes. According to the company, Class A ordinary shares will trade post-split on the Nasdaq Capital Market under the existing ticker WTO. The company also noted a new CUSIP: G9411M140 for post-split shares.

How does the 5:1 consolidation affect UTime shareholders' ownership percentages?

Shareholders' percentage ownership remains unchanged except for fractional adjustments. According to the company, the consolidation preserves proportional ownership, with only minor rounding effects from fractional-share treatment.

Did UTime approve any changes to authorized shares alongside the reverse split?

Yes. According to the company, shareholders approved an increase to the authorized share capital and amendments to the memorandum and articles at the January 26, 2026 extraordinary meeting, alongside the share consolidation.

What should WTO shareholders expect about fractional shares after the reverse split?

Shareholders may receive cash or other treatment for fractional shares resulting from the consolidation. According to the company, fractional-share treatment will cause only minor adjustments to individual holdings following the 5:1 consolidation.