U Power Ltd (UCAR) Form 6-K — Sep 3, 2026
U Power Limited (Nasdaq: UCAR) announced a 20:1 consolidation of its authorized, issued and unissued ordinary shares, with Class A shares set to begin trading on a post-consolidation basis at the open on September 9, 2026. The consolidation was approved by the board on November 4, 2025 and by shareholders on December 5, 2025. Shares will keep the UCAR symbol on the Nasdaq Capital Market but trade under a new CUSIP, G9520U132, and the post-consolidation authorized capital will be US$50,000 split into roughly 20.0 million Class A and 5.0 million Class B shares at US$0.002 par value.
Key figures
- New cusip
- G9520U132
- Effective date
- 2026-09-09
- Par value per share
- US$0.002
- Reverse split ratio
- 1:20
- Authorized share capital
- US$50,000
- Post consolidation class a shares authorized
- 19,997,059.06
- Post consolidation class b shares authorized
- 5,002,940.94
AI analysis
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