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Ucommune sells 150 Series A preferred shares in US$1.5 million private placement

PUBT·05/12/2026 13:01:16
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Ucommune sells 150 Series A preferred shares in US$1.5 million private placement
  • Ucommune International Ltd. sold 150 Series A Convertible Preferred Shares in a private placement on May 6, 2026, priced at USD 10,000 per share.
  • Transaction implies gross proceeds of USD 1.5 million.
  • Part of proceeds funded purchase of server equipment using current-generation NVIDIA RTX PRO 6000 GPUs.
  • Subsidiary entered a USD 1.3 million, three-year lease of the GPU equipment with a QumulusAI unit, including an end-of-term purchase option.
  • Shares were issued in an unregistered offering under Section 4(a)(2) and Rule 506(b).


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. Ucommune International 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: 0001213900-26-054769), on May 12, 2026, and is solely responsible for the information contained therein.