U Power Closes $6.0 Million Public Offering, Maxim Group LLC Acts as Exclusive Underwriter

Friday, Mar 20, 2026 2:41 pm ET1min read
UCAR--

U Power Limited, a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, has closed a $6.0 million public offering of 13.36 million Units at $0.449 per Unit. Each Unit consists of one Class A ordinary share and one Class A warrant. Maxim Group LLC acted as the exclusive underwriter for the Offering.

U Power Closes $6.0 Million Public Offering, Maxim Group LLC Acts as Exclusive Underwriter

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