Dilution profile // every instrument, one screen, from SEC filings

U Power Ltd (UCAR)

CIK 1939780 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 computed sub-ratings (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGH$27.4M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
NOT COMPUTEDnewest single-total cover-page count is as of 2023-12-31
= share count now vs 3 years ago
not rated: the company has filed periodic reports since (newest: 20-F filed 2026-05-15) with no single-total cover-page count in SEC's companyfacts, which omits counts filed per share class
Cash need
HIGH~3.8 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2022-12-312023-12-31

Newest single-total count on a cover page: 1.2M as of Dec 31, 2023 (20-F). Not used as today’s count, because the company has filed periodic reports since (newest: 20-F filed 2026-05-15) with no single-total cover-page count in SEC's companyfacts, which omits counts filed per share class.

⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2023-12-31
HowKept on the chart with its date. No estimate, rating or current-share figure on this page is built on it.
Open the source document →
Share count fell from 50.0M to 1.2M between Dec 31, 2022 and Dec 31, 2023, a pattern consistent with a reverse split (roughly 1-for-40); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

~4 months of cash left

critical · burning $2.5M / quarter

Full breakdown: cash runway tool

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.

Registrations and offerings

Registered offering capacity on live registrations: $27.4Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

F-3Aug 3, 2026$9.5M registeredfiling →
F-3May 28, 2026$4.2M registeredfiling →
F-1Mar 10, 2026$13.8M registeredfiling →

Last 12 months: 1 executed · 5 registered.

UPDATEAug 26, 2026Resale prospectus — existing holders registering to sell424B7 →
EFFECTIVEAug 12, 2026SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDAug 10, 2026F-3/A registration — capacity to sell shares, not a sale yetF-3/A →
REGISTEREDAug 3, 2026F-3 registration — capacity to sell shares, not a sale yetF-3 →
EFFECTIVEJun 5, 2026SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDMay 28, 2026F-3 registration — capacity to sell shares, not a sale yetF-3 →
EXECUTEDMar 20, 2026Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →
MARKETINGMar 18, 2026Free-writing prospectus — offering being marketedFWP →
EFFECTIVEMar 18, 2026SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDMar 16, 2026F-1/A registration — capacity to sell shares, not a sale yetF-1/A →
REGISTEREDMar 10, 2026F-1 registration — capacity to sell shares, not a sale yetF-1 →
EFFECTIVEAug 28, 2025SEC declared a registration effective — selling can beginEFFECT →

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

Keep going: float checker · offering calendar · short-squeeze screener · full UCAR workspace

Free to use. No account, no card.