Preview: U Power Limited Set To IPO Tomorrow

U Power Limited (NASDAQ:UCAR) IPO will take place April, 18 on the NASDAQ exchange under the ticker UCAR.…

U Power Limited (NASDAQ:UCAR) IPO will take place April, 18 on the NASDAQ exchange under the ticker UCAR.

The company is offering shares at an expected price between $6.00 and $8.00 per share with an insider lock-up period of 180 days ending on October 15, 2023.

See also: Benzinga IPO Calendar

About U Power Limited

U Power Limited is a vehicle sourcing service provider in China, with a vision to becoming an EV market player primarily focused on our proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs.

See also: Benzinga’s Most Shorted Stocks

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

GCL Asia, A Video Game Publisher & Distributor In Asia, To Go Public Via Merger With RF Acquisition Corp; Expected To Be Listed On Nasdaw Under “GCL”; Proposed Transaction Gives CGL ~$1.2B In Pre-Transaction Equity Value

GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution.GCL has been the exclusive distributor in Asia for 50% of the

RFAC