WTO.....Re-read all my posts on this and ask yourself if....I was correct?????
Please make a comment because I am being chastized by ST Admin Cops and being accused of being an insider by a ST high Reputation poster called " loopsbuterfly"
I do my research and I ude all the available resources to come to a conclusion on what the future events will and I try to pass that info on to the "un-informed ST audience"
Here is todays WTO News Release which I told everyone here that it would happen ; )
Good trading!
UTime Limited Announces Pricing of $5 Million Registered Direct Offering
2024-09-13 06:00 ET - News Release
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- UTime Limited (“UTime” or the “Company”) (Nasdaq: WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets today announced that it has entered into a securities purchase agreement with certain accredited investor to sell $5 million of its ordinary shares in a registered direct offering.
Under the terms of the securities purchase agreement, UTime has agreed to sell 7,692,308 ordinary shares with a purchase price of $0.65 per share. The gross proceeds to UTime are estimated to be $5 million before deducting the estimated offering expenses.
The registered direct offering is expected to close on or about September 16, 2024, subject to the satisfaction of customary closing conditions.