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

U Power Ltd (UCAR)

CIK 1939780 · all EDGAR filings →

Overall dilution risk
HIGHworst of 3 computed signals (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
LOW-98% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
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

Latest: 1.2M shares as of Dec 31, 2023 (20-F). 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 · 6 registered.

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
REGISTEREDAug 19, 2025F-1 registration — capacity to sell shares, not a sale yetF-1

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.

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