ESOPApr 26, 2026, 05:28 AM
WTO Adopts 2026 Equity Incentive Plan, Authorizes 5M Shares
AI Summary
UTime Ltd announced the adoption of its 2026 Equity Incentive Plan (EIP) on April 24, 2026. This new plan is designed to offer equity-based incentives to various personnel, including employees, officers, non-employee directors, consultants, independent contractors, and advisers. The EIP permits the issuance of up to 5,000,000 Ordinary Shares and supersedes the company's previous equity incentive plan from 2024.
Key Highlights
- UTime Ltd adopted its 2026 Equity Incentive Plan (EIP) on April 24, 2026.
- The EIP authorizes the issuance of up to 5,000,000 Ordinary Shares.
- The plan provides equity-based incentives to employees, officers, directors, consultants, and advisers.
- The 2026 EIP replaces a previous equity incentive plan adopted in 2024.
Price Impact
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