U Power Limited Announces Closing of $6.0 Million Public Offering

2026-03-20 - 22:33

SHANGHAI, March 21, 2026 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced the closing of its underwritten public offering of 13,360,000 Units, on a firm commitment basis, at a price to the public of $0.449 per Unit