STOCK TITAN
  1. Home
  2. Sec-filings
  3. WTO
  4. [6-K] UTime Ltd Current Report (Foreign Issuer)

Utime Limited updates share structure and grants

Utime Limited reported several share-related corporate actions.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Utime Limited reported several share-related corporate actions. Effective on June 22, 2026, the company completed a 10-for-1 share consolidation, with its Amended and Restated Memorandum and Articles of Association and a subsequent Cayman filing reflecting this change.

On July 13, 2026, the company canceled 3,672 Class A ordinary shares that had been issued to 23 offshore investors in 2025 private placements due to payment issues. On July 22, 2026, Utime entered into Grant Agreements with its five directors, issuing each director 180,000 restricted Class A ordinary shares under the company’s 2026 Equity Incentive Plan.

Positive

  • None.

Negative

  • None.
Share consolidation ratio 10-for-1 Effective on June 22, 2026
Shares canceled 3,672 Class A ordinary shares Canceled on July 13, 2026 from 2025 private placements
Number of offshore investors affected 23 Investors whose previously issued shares were canceled
Restricted shares per director 180,000 Class A ordinary shares Issued to each director on July 22, 2026
Number of directors receiving grants 5 Directors entering into Grant Agreements on July 22, 2026
share consolidation financial
"the Company underwent a 10-for-1 share consolidation"
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.
restricted Class A ordinary shares financial
"the Company issued to each director 180,000 restricted Class A ordinary shares"
Equity Incentive Plan financial
"issued to each director 180,000 restricted shares, under the Company’s 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
private placements financial
"issued to 23 offshore investors in its previously announced private placements in 2025"
Private placements are sales of a company’s securities—such as shares or bonds—directly to a small group of selected investors rather than to the general public. Think of it like a private sale to a few buyers who negotiate terms, and it matters to investors because it changes a company’s cash position, can dilute existing ownership, alter control or voting power, and may affect share liquidity and market value when those securities eventually reach public markets.
Amended and Restated Memorandum and Articles of Association regulatory
"A copy of the Company’s Amended and Restated Memorandum and Articles of Association"
A document that replaces and combines a company’s core governing papers into a single, updated set of rules spelling out the company’s purpose, share structure, voting rights and how decisions are made. Think of it as rewriting and consolidating a household’s rulebook so everyone knows who controls what and how major choices are handled. Investors watch these changes because they can alter ownership rights, governance, dividend policy and takeover protections, affecting value and control.

FAQ

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

What share consolidation did Utime Limited (WTO) implement in June 2026?
Utime Limited implemented a 10-for-1 share consolidation effective on June 22, 2026. The change is reflected in its Amended and Restated Memorandum and Articles of Association and a follow-up filing with the Cayman Islands Registrar.

How many shares did Utime Limited (WTO) cancel in July 2026 and why?
Utime Limited canceled 3,672 Class A ordinary shares on July 13, 2026. These shares had been issued to 23 offshore investors in 2025 private placements and were canceled due to payment issues.

What equity awards did Utime Limited (WTO) grant to directors in July 2026?
On July 22, 2026, Utime Limited issued 180,000 restricted Class A ordinary shares to each of its five directors. The grants were made under the company’s 2026 Equity Incentive Plan via individual Grant Agreements.

Under which plan were Utime Limited (WTO) director share grants issued?
The director grants were issued under Utime Limited’s 2026 Equity Incentive Plan. Each director received 180,000 restricted Class A ordinary shares pursuant to a Grant Agreement in the form previously filed as Exhibit 4.1 to a Form S-8.

What governance documents did Utime Limited (WTO) reference with its share consolidation?
Utime Limited referenced its Amended and Restated Memorandum and Articles of Association and a July 2, 2026 notice to the Cayman Islands Registrar, both reflecting and clarifying the 10-for-1 share consolidation and its Nasdaq effective date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the Month of July 2026

 

Commission file number 001-40306

 

UTIME LIMITED

 

7th Floor Building 5A

Shenzhen Software Industry Base

Nanshan, Shenzhen

People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Effective on June 22, 2026, Utime Limited (the “Company”) underwent a 10-for-1 share consolidation. A copy of the Company’s Amended and Restated Memorandum and Articles of Association, later supplemented by a filing with the Cayman Islands Registrar of Companies on July 2, 2026 to clarify the Nasdaq effective date of the share consolidation, is filed as Exhibit 3.1 and Exhibit 3.2, respectively, and incorporated herein by reference.

 

On July 13, 2026, as mutually agreed by the Company and certain investors, the Company canceled a total of 3,672 Class A ordinary shares that had been issued to 23 offshore investors in its previously announced private placements in 2025 due to payment issues.

 

On July 22, 2026, the Company entered into Grant Agreements (each, a “Grant Agreement”) with each of the Company’s five directors, pursuant to which the Company issued to each director 180,000 restricted Class A ordinary shares, under the Company’s 2026 Equity Incentive Plan. The form of grant agreement was previously filed as Exhibit 4.1 to the Company’s registration statement on Form S-8 filed April 27, 2026 (File No. 333-295344) and is incorporated herein by reference.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  UTIME LIMITED
   
Dated: July 28, 2026 By: /s/ Hengcong Qiu
  Name:  Hengcong Qiu
  Title: Chief Executive Officer
    (Principal Executive Officer)

 

 

 

 

EXHIBIT INDEX

 

Exhibit   Description
     
3.1   Amended and Restated Memorandum and Articles of Association
3.2   Notice to Cayman Islands Registrar of Companies filed July 2, 2026

 

 

 

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

7 documents

Other Documents

Keep reading

Trending in the feed

Open the live feed