05:31 PM EDT, 08/21/2025 (MT Newswires) -- UTime ( WTO ) said late Thursday it has received a Nasdaq notice over its non-compliance with keeping a minimum of $2.5 million in stockholders' equity requirement for continued listing.

The company said it also failed to meet the alternatives of market value or net income as of Aug. 14.

UTime ( WTO ) said it has until Sept. 29 to submit a plan to regain compliance with the minimum stockholders' equity standard.