UTime Jumps in Premarket After New Financing Update
UTime shares soared 48% to $1.48 in pre-market trading after a quiet close at $1.00, with no new announcements, as investors revisit the recent $50 million securities sale and pending Feixiaohao Web3 deal, weighing upside from digital expansion against dilution risk from new shares and warrants; the Feixiaohao transaction remains non-binding and subject to due diligence and approvals.