6-K 1 ea0238687-6k_utime.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2025

 

Commission File Number: 001-40306

 

UTime Limited

 

7th Floor, Building 5A

Shenzhen Software Industry Base

Nanshan District, Shenzhen, 518061

People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒    Form 40-F ☐

  

 

  

 

 

Nasdaq Bid Price Compliance

 

As previously announced by UTime Limited (the “Company”), on October 10, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”).

 

On April 11, 2025, the Company received a notification from Nasdaq stating that the Company has regained compliance with the Bid Price Requirement. Nasdaq made this determination of compliance after the closing bid price of the Company’s Class A ordinary shares has been trading at $1.00 per share or greater for the last 10 consecutive business days from March 31, 2025 to April 11, 2025. Accordingly, the Company has regained compliance with the Bid Price Requirement and this matter is now closed.

  

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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: April 17, 2025

 

  UTIME LIMITED
     
  By: /s/ Hengcong Qiu
  Name:  Hengcong Qiu
  Title: Chief Executive Officer

 

 

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