UTime Ltd. Enters Securities Purchase Agreement with Non-U.S. Persons
Ticker: WTO · Form: 6-K · Filed: Aug 22, 2025 · CIK: 1789299
| Field | Detail |
|---|---|
| Company | Utime Ltd (WTO) |
| Form Type | 6-K |
| Filed Date | Aug 22, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $0.3125, $25 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: securities-purchase-agreement, foreign-issuer, regulation-s
TL;DR
UTime Ltd. inked a deal with foreign buyers on Aug 12th, details under Reg S.
AI Summary
On August 12, 2025, UTime Ltd. entered into a securities purchase agreement (SPA) with certain "non-U.S. Persons" identified as "Purchasers" under Regulation S of the Securities Act of 1933. This filing is a report of a foreign private issuer for the month of August 2025.
Why It Matters
This agreement could indicate a new funding source or strategic partnership for UTime Ltd., potentially impacting its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates a securities purchase agreement with non-U.S. persons under Regulation S, which may involve less stringent disclosure requirements and could carry specific risks for investors.
Key Players & Entities
- UTime Ltd. (company) — Filer of the report and party to the agreement
- August 12, 2025 (date) — Date the securities purchase agreement was entered into
- Regulation S (legal_document) — Governs the securities purchase agreement
- Securities Act of 1933 (legal_document) — Act under which Regulation S is defined
FAQ
What is the nature of the securities purchase agreement (SPA) entered into by UTime Ltd. on August 12, 2025?
The filing states that on August 12, 2025, UTime Ltd. entered into a securities purchase agreement (SPA) with certain "non-U.S. Persons" defined as "Purchasers" under Regulation S of the Securities Act of 1933.
Who are the parties involved in the securities purchase agreement?
The parties are UTime Ltd. and certain "non-U.S. Persons" referred to as "Purchasers".
Under which regulatory framework was the securities purchase agreement conducted?
The agreement was conducted under Regulation S of the Securities Act of 1933.
What is the filing type and reporting period for this document?
This is a Form 6-K, a Report of Foreign Private Issuer, for the month of August 2025.
Where is UTime Ltd.'s principal executive office located?
UTime Ltd.'s principal executive office is located at 7th Floor, Building 5A, Shenzhen Software Industry Base, Nanshan District, Shenzhen, 518061, People's Republic of China.
Filing Stats: 786 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2025-08-22 16:30:13
Key Financial Figures
- $0.001 — ,000 Class A ordinary shares, par value $0.001 per share (the “ Shares ”),
- $0.3125 — “ Shares ”), at a price of $0.3125 per Share for an aggregate purchase pri
- $25 million — gregate purchase price of approximately $25 million (the “ Offering ”). The net
Filing Documents
- ea0254390-6k_utime.htm (6-K) — 17KB
- ea025439001ex99-1_utime.htm (EX-99.1) — 233KB
- ea025439001ex99-2_utime.htm (EX-99.2) — 27KB
- 0001213900-25-079938.txt ( ) — 279KB
SIGNATURES
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. Dated: August 22, 2025 UTIME LIMITED By: /s/ Hengcong Qiu Name: Hengcong Qiu Title: Chief Executive Officer 3