- U Power (NASDAQ:UCAR) shareholders approved the proposal for a 1-for-100 reverse share split shares.
- No fractional shares will be issued in connection with the share Consolidation and all fractional shares resulting from the share Consolidation will be rounded up to the whole number of shares.
- At the opening of trading on April 3rd, 2024, the company’s ordinary shares will begin trading on a post-share consolidation basis.
- The stock price climbed 9% on Thursday during after-hours of trading on Thursday.
