U Power Ltd (OQ:UCAR)
Business Focus: Auto & Truck Wholesale
Apr 24, 2024 06:00 am ET
U Power Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
SHANGHAI, April 24, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), dated April 19, 2024, informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on the Nasdaq Capital Market. Additionally, in application of Listing Rule 5815(d)(4)(B), the Comp
Apr 08, 2024 06:00 am ET
U Power To Launch Commercial Operation for its EV Battery Swapping System
SHANGHAI, April 8, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that its battery-swapping and sharing model for two-wheeled and light four-wheeled electric vehicles (EVs) is poised for a formal commercial rollout in Wuhu, Anhui Province, China. The rollout, which is expected to take place during April 2024, follows a successful round of market validations in February. As part of this expansion, U Power plans to establ
Mar 29, 2024 04:00 am ET
U Power Limited Announces 1-for-100 Share Consolidation
SHANGHAI , March 29, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company held an extraordinary general meeting of shareholders on Monday, March 25, 2024, at which the shareholders approved the proposal for a 1-for-100 reverse share split of the Company's ordinary shares (the "Share Consolidation"). No fractional shares will be issued in connection with the Share Consolidation and all fractional shares (after
Feb 23, 2024 04:00 am ET
U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.
SHANGHAI, Feb. 23, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has entered into a Memorandum of Understanding (the "MOU") on February 6, 2024, with Durapower Holdings Pte Ltd. ("Durapower"), a Singapore-based lithium-ion battery manufacturer.
Feb 20, 2024 03:30 pm ET
U Power Limited Receives Nasdaq Delisting Notification and Intends to Appeal
SHANGHAI, Feb. 20, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that on February 14, 2024, it received a notification letter (the "Letter") from the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of Nasdaq's determination to delist the Company's ordinary shares from The Nasdaq Capital Market because the Company's ordinary shares had a closing bid price of $0.10 or les
Feb 12, 2024 08:31 am ET
Thinking about buying stock in Exscientia, Annexin Pharmaceuticals, U Power, Zevra Therapeutics, or Genasys?
NEW YORK, Feb. 12, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EXAI, ANNX, UCAR, ZVRA, and GNSS.
Feb 12, 2024 03:00 am ET
U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs
SHANGHAI, Feb. 12, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that their shared battery swapping solution designed for both two- and lightweight four-wheeled electric vehicles ("EVs") has entered the market validation phase. The first batch of over 40 battery swapping stations offering battery swapping services for both two- and lightweight four-wheeled EVs has been set up in Shanxi, China, catering specifically to
Feb 08, 2024 04:00 am ET
U Power Announces Appointment of New Independent Director
SHANGHAI, Feb. 8, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that Mr. Bo Lyu resigned from the board of directors of the Company (the "Board") on January 31, 2024, and that the Board has appointed Jean Christophe von Pfetten ("Prof. Pfetten") as an independent director of the Company, as well as a member of the Board's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, effect
Feb 06, 2024 05:00 am ET
U Power and Cornerstone Sign MoU to Explore the Application of New Energy Charging Equipment and EV Product Solutions in Hong Kong and Southeast Asia
SHANGHAI, Feb. 6, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a Memorandum of Understanding ("MoU") with Cornerstone Technologies Holdings Limited ("Cornerstone"), a leading EV charging solution provider and charge point operator based in Hong Kong with an increasing presence across South East Asia, to jointly explore and develop a strategic business relationship.
Jan 23, 2024 04:05 pm ET
U Power Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the Company had received a notification letter...
Dec 06, 2023 02:16 pm ET
Univest Securities, LLC Announces Closing of $12 Million Registered Follow-on Offering for its Client U Power Limited. (Nasdaq: UCAR)
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 best-efforts follow-on offering (the “Offering”) of 10,000,000...
Dec 06, 2023 01:50 pm ET
U Power Limited Announces Closing of Registered Follow-on Offering
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the closing of its best-efforts follow-on...
Dec 05, 2023 10:25 am ET
Sidoti Events, LLC's Virtual December Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 6-7, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Dec 04, 2023 09:00 am ET
U Power Limited Announces Pricing of Registered Follow-on Offering
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the pricing of its best-efforts follow-on...
Oct 10, 2023 04:30 pm ET
U Power Limited Reports First Half of Fiscal Year 2023 Financial Results
SHANGHAI, Oct. 10, 2023 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced its unaudited financial results for the six months ended June 30, 2023.
Sep 25, 2023 08:00 am ET
U Power Limited Enters into Strategic Cooperation Agreement with Zhongneng Lithium Battery Technology Taizhou Co., Ltd
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has entered into a strategic...
Sep 19, 2023 08:00 am ET
U Power Limited Enters into Strategic Cooperation Agreement with Magnify Capital Partners to Establish an Investment Fund
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company has entered into a strategic...
Sep 18, 2023 07:30 am ET
U Power Limited Announces Participation in the LD Micro Main Event XVI
Presentation on Tuesday, October 3rd at 08:30 AM PT
Sep 13, 2023 08:00 am ET
U Power Limited to Deliver the Second UOTTA Battery-swapping Station for Electric Taxis by October 2023 in Anji County, Zhejiang Province, China
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company’s subsidiary, Youpin...
Aug 23, 2023 08:00 am ET
U Power Limited Files Its Annual Report on Form 20-F for Fiscal Year 2022
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it filed its annual report on Form 20-F...
Jun 01, 2023 08:00 am ET
U Power Limited Enters into Framework Strategic Cooperation Agreement with Quantum Solutions Co., Ltd. in Japan
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that on May 31, 2023, the Company entered into...
May 24, 2023 08:00 am ET
U Power Limited Received Notification of Non-Compliance from Nasdaq Regarding Timely Filing of its Annual Report on Form 20-F
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it received a notice of non-compliance...
Apr 25, 2023 09:00 am ET
WestPark Capital Announces Closing of $14.5 Million IPO for U Power Limited. (NASDAQ:UCAR)
WestPark Capital, a Los Angeles based international investment bank and securities firm announced today the closing of an initial public offering for U Power Limited (UCAR) a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China. The offering consisted of 2,416,667 ordinary shares at a public price of US$6.00 per ordinary share. The gross proceeds of the Offering were approximately US$14.50 million, before deducting underwriting discounts and commissions, and other offering expenses. The ordinary shares began trading on the Nas
Apr 24, 2023 08:00 am ET
U Power Limited Announces Closing of Initial Public Offering
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the closing of its initial public offering (the...
Apr 20, 2023 09:16 am ET
U Power Limited Announces Pricing of Initial Public Offering
U Power Limited (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced the pricing of its initial public offering (the “Offering”) of...
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