UC Automotive Holdings, a Canada-based used vehicle dealer in the Greater Vancouver area, filed on Friday with the SEC to raise up to $29 million in an initial public offering.
Based in Richmond, British Columbia, UC Automotive operates a used vehicle dealership focused on the Greater Vancouver area. The company sells used vehicles to consumers and also offers short-term rentals, longer-term leasing, rent-to-own programs, financing assistance, and after-sales services. It sources vehicles through its Carkuku direct sourcing platform and other channels, and runs certain business lines under the names Carkuku Auto Trading and UC Rental. As of June 30, 2026, the company operated one retail location and one service department, both in Richmond.
The Richmond, Canada-based company was founded in 2016. It plans to list on the Nasdaq under the symbol UCAU.RC. Kingswood Capital Markets is the sole bookrunner on the deal. No pricing terms were disclosed.
