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SHENZHEN, China, May 11, 2026 (GLOBE NEWSWIRE) -- UTime Limited (NASDAQ: WTO) (“UTime” or the “Company”), a company focused on technology innovation and digital infrastructure development, today announced that its ongoing financial, legal and operational due diligence relating to the proposed transaction with Feixiaohao Technology Inc. (“Feixiaohao”) is progressing smoothly and in an orderly manner. As previously disclosed, UTime entered into a non-binding letter of intent regarding a potential strategic transaction involving Feixiaohao, a widely recognized Web3 data and information platform serving millions of cryptocurrency and blockchain users globally.

New York, May 04, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the "Offering") of $1.

New York, May 04, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of $1.2 million for its client UTime Limited (NASDAQ: WTO) (the “Company”), a global technology company engaged in the design, development, and manufacturing of mobile devices and smart hardware products.

Shenzhen, China, May 01, 2026 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO) (the "Company"), a global technology company engaged in the design, development, and manufacturing of mobile devices and smart hardware products, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 1,000,000 class A ordinary share of the Company, par value $0.

Shenzhen, China, May 01, 2026 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO) (the “Company”), a global technology company engaged in the design, development, and manufacturing of mobile devices and smart hardware products, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 1,000,000 class A ordinary share of the Company, par value $0.50 per share (the “Shares”) (or pre-funded warrants in lieu thereof), at a purchase price of $1.20 per share in a registered direct offering.

Should disruptions persist and energy prices remain high this year, goods trade flows this year would grow by 1.4%, a weaker outcome than the 1.9% increase previously expected before the war, the WTO said.

UTime (WTO) signs LOI to acquire Web3 platform Feixiaohao for $80M. A major move to bridge hardware with crypto data infrastructure.

SHENZHEN, China, March 13, 2026 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO), a global technology company engaged in the design, development, and manufacturing of mobile devices and smart hardware products, today announced its intention to acquire 100% of the outstanding equity of Feixiaohao Technology Inc., operator of the renowned “Feixiaohao” Web3 Data Analytics & Asset Pricing Platform (feixiaohao.ai). The proposed transaction is valued at up to USD80 million, structured through a combination of USD64 million in UTime ordinary shares or convertible preferred shares and USD16 million in cash consideration.
