U Power Limited To Start Trading Tomorrow

U Power Limited UCAR IPO will take place April, 19 on the NASDAQ exchange under the ticker UCAR.

The company is offering shares at an expected price between $6.00 and $8.00 per share with an insider lock-up period of 180 days ending on October 16, 2023.

See also: Benzinga IPO Calendar

About U Power Limited

U Power Limited is a vehicle sourcing service provider in China, with a vision to becoming an EV market player primarily focused on our proprietary battery-swapping technology, or UOTTA technology, which is an intelligent modular battery-swapping technology designed to provide a comprehensive battery power solution for EVs.

See also: Benzinga's Most Shorted Stocks

This article was generated by Benzinga's automated content engine and reviewed by an editor.