U Power Limited Form 6-K Filing Summary

U Power Limited, an exempted company incorporated in the Cayman Islands, announced on April 7, 2026, the execution of subscription agreements with seven purchasers for the sale of 2,900,000 Class A ordinary shares at a price of $1.10 per share, totaling $3,190,000. These shares were sold in an offshore transaction in reliance on Regulation S of the Securities Act of 1933, with purchasers representing they are not U.S. persons and are not acquiring the shares for the benefit of any U.S. person. The transaction has been approved by the Company's board of directors and is set to close on April 7, 2026. The filing also includes the form of the subscription agreement detailing the terms, representations, warranties, and conditions of the sale, emphasizing that the shares are restricted securities and outlining the obligations and restrictions for both the company and the purchasers, particularly concerning resale and compliance with U.S. securities laws.