U Power Ltd. has announced the completion of a private placement with an institutional investor, raising $2,013,600 through the issuance of senior secured promissory notes with an aggregate original principal amount of $2,517,000. The transaction, which closed on December 1, 2025, was facilitated by Maxim Group LLC as the sole placement agent. The securities were sold pursuant to exemptions from the registration requirements of the Securities Act of 1933 and were offered exclusively to an accredited investor in a private transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U Power Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-117850), on December 03, 2025, and is solely responsible for the information contained therein.
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