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U Power: U Power Limited - Reverse Split Option Symbol: UCAR New Symbol: UCAR1

U Power: U Power Limited - Reverse Split Option Symbol: UCAR New Symbol: UCAR1

U Power：U Power Limited-反向拆分选项符号：UCAR 新符号：UCAR1
OCC期权清算公司 ·  04/01 15:35

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U Power Limited, known as U Power (UCAR), has announced a significant change in its stock structure with a 1-for-100 reverse stock split, scheduled to take effect on April 3, 2024. This corporate action will convert each existing UCAR Ordinary Share into 0.01 new U Power Limited Ordinary Shares. The adjustment will be reflected in the market as the stock option symbol changes from UCAR to UCAR1. The reverse split aims to consolidate shares and potentially increase the stock's market price, which is a common strategy for companies seeking to attract new investors or to comply with stock exchange listing requirements. The new CUSIP number for the post-split shares will be G9520U116. The Options Clearing Corporation (OCC) has provided details on the contract adjustments, including a new multiplier and deliverable per contract, but has also issued a disclaimer advising investors to independently verify the corporate event details.
U Power Limited, known as U Power (UCAR), has announced a significant change in its stock structure with a 1-for-100 reverse stock split, scheduled to take effect on April 3, 2024. This corporate action will convert each existing UCAR Ordinary Share into 0.01 new U Power Limited Ordinary Shares. The adjustment will be reflected in the market as the stock option symbol changes from UCAR to UCAR1. The reverse split aims to consolidate shares and potentially increase the stock's market price, which is a common strategy for companies seeking to attract new investors or to comply with stock exchange listing requirements. The new CUSIP number for the post-split shares will be G9520U116. The Options Clearing Corporation (OCC) has provided details on the contract adjustments, including a new multiplier and deliverable per contract, but has also issued a disclaimer advising investors to independently verify the corporate event details.
名为U Power（UCAR）的U Power Limited宣布其股票结构发生重大变化，反向股票拆分100比1，计划于2024年4月3日生效。该公司行动将把每股现有的UCAR普通股转换为0.01股新的U Power Limited普通股。随着股票期权代码从UCAR变更为UCAR1，这一调整将反映在市场上。反向拆分旨在整合股票，并有可能提高股票的市场价格，这是寻求吸引新投资者或遵守证券交易所上市要求的公司的常见策略。拆分后股票的新CUSIP号码将为 G9520U116。期权清算公司（OCC）提供了合约调整的详细信息，包括新的乘数和每张合约的交割量，但也发布了免责声明，建议投资者独立核实公司活动的细节。
名为U Power（UCAR）的U Power Limited宣布其股票结构发生重大变化，反向股票拆分100比1，计划于2024年4月3日生效。该公司行动将把每股现有的UCAR普通股转换为0.01股新的U Power Limited普通股。随着股票期权代码从UCAR变更为UCAR1，这一调整将反映在市场上。反向拆分旨在整合股票，并有可能提高股票的市场价格，这是寻求吸引新投资者或遵守证券交易所上市要求的公司的常见策略。拆分后股票的新CUSIP号码将为 G9520U116。期权清算公司（OCC）提供了合约调整的详细信息，包括新的乘数和每张合约的交割量，但也发布了免责声明，建议投资者独立核实公司活动的细节。
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