AI Analysis
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U Power Limited announced a 10:1 consolidation of its authorized, issued, and unissued ordinary shares, approved by shareholders on December 5, 2025, and by the board on November 4, 2025. Post-consolidation, authorized share capital will be 500,000,000 ordinary shares of US$0.0001 par value, with Class A ordinary shares trading under UCAR and new CUSIP G9520U124 starting March 30, 2026.
Key Takeaways
1Share consolidation ratio: 10:1
2Shareholder approval date: December 5, 2025
3Board approval date: November 4, 2025
4Post-consolidation authorized shares: 500,000,000 ordinary shares, par value US$0.0001
5Class A ordinary shares: 399,941,181.2
6Class B ordinary shares: 100,058,818.8
7Post-consolidation trading begins: March 30, 2026 on Nasdaq Capital Market
8New CUSIP: G9520U124
9Fractional shares rounded up to next whole share, no cash paid