StockWatch
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Consumer Electronics/Appliances
AcquisitionsJul 1, 2026, 08:02 AM

UTime to change ticker to FXHO for planned Feixiaohao acquisition

AI Summary

UTime Limited announced a change in its Nasdaq Capital Market ticker symbol from "WTO" to "FXHO", effective July 2, 2026. This change is being made in preparation for the company's planned acquisition of Feixiaohao Technology Inc., a Web3 data and information platform. UTime believes the proposed transaction will strengthen its strategic positioning in the Web3 and digital data infrastructure sector. The acquisition remains subject to due diligence, negotiation of definitive agreements, and regulatory approvals.

Key Highlights

  • UTime's Nasdaq ticker symbol will change from "WTO" to "FXHO".
  • The ticker symbol change is effective July 2, 2026.
  • The change is in preparation for the planned acquisition of Feixiaohao Technology Inc.
  • Feixiaohao is a widely recognized Web3 data and information platform.
  • The acquisition aims to strengthen UTime's strategic positioning in the Web3 sector.
  • The proposed transaction is subject to due diligence, definitive agreements, and regulatory approvals.