Utime company full#
Utime company registration#

Utime company registration#

In addition, a copy of the final prospectus relating to the offering may be obtained via the SEC's website at A registration statement relating to these securities was filed with the Securities and Exchange Commission (the 'SEC') and was declared effective on April 5, 2021. The offering has been made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, from Boustead Securities, LLC, via email: or by calling +1 (949) 502-4408 or standard mail at Boustead Securities, LLC, Attn: Equity Capital Markets, 6 Venture, Suite 395, Irvine, CA 92618, USA. The ordinary shares are expected to begin trading on the Nasdaq Capital Market on Apunder the symbol 'UTME.' The offering is expected to close on April 8, 2021, subject to customary closing conditions.īoustead Securities, LLC ('Boustead'), acted as the lead underwriter for the offering, with Brilliant Norton Securities Company Limited and Fosun Hani Securities Limited serving as co-underwriters.

Utime company full#

It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets and Do, as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.Ĭlick Here to get the full Stock Report for UTime Ltd stock.NEW YORK, Ap/PRNewswire/ - UTime Limited ('UTime' or the 'Company') (Nasdaq: UTME), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally, today announced the pricing of its initial public offering of 3,750,000 shares of its ordinary shares at a price of US$4.00 per share to the public for a total of US$15 million of gross proceeds to UTime. The company operates in China and its products are sold globally, including India, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for well-known brands.

UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. To screen for more stocks like UTime Ltd click here. So far 353,380 shares have traded compared to average volume of 61,197 shares. The stock has traded between $1.62 and $2.02 so far today. UTime Ltd (UTME) stock is trading at $1.71 as of 11:39 AM on Thursday, Oct 6, a decline of -$0.28, or -14.07% from the previous closing price of $1.99. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price. Our system also uses the options market in order to receive additional signals on current sentiments. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish.

This means that earnings updates and other news can greatly impact overall sentiment.Ĭhanges in price are generally the best indicator of sentiment for a particular stock. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. See Full UTME Report What is Stock Sentiment?