U-BX Technology Ltd. Class A Ordinary Shares
UBXGUBX Technology Ltd. is a company involved in the development and provision of innovative electronic and software solutions, primarily focusing on advanced IoT (Internet of Things) technology. It specializes in creating integrated hardware and software products aimed at improving connectivity and automation in various industries.
Company News
U-BX Technology (NASDAQ: UBXG), a China-based AI-driven insurance technology company, announced a 1-for-25 reverse stock split effective Friday. The stock fell 15.6% in after-hours trading to $0.11 following the announcement. The reverse split will combine every 25 shares into one share, reducing outstanding Class A shares from 37.79 million to 1...
U-BX Technology Ltd. (NASDAQ: UBXG), an AI-driven insurance technology provider, announced a 1-for-25 reverse stock split effective May 22, 2026. The split will reduce outstanding class A shares from approximately 37.79 million to 1.51 million and class B shares from 7.66 million to 0.31 million. The ratio was determined by the Board of Directors...
U-BX Technology Ltd. (NASDAQ: UBXG), an AI-driven insurance technology provider, closed a registered direct offering of 15.17 million units at $0.30 per unit, raising approximately $4.55 million in gross proceeds. Each unit includes one Class A ordinary share and a warrant to purchase 0.3 shares.
U-BX Technology Ltd. has received notifications from Nasdaq that it is not in compliance with the minimum closing bid price and market value requirements for continued listing. The company has been granted a compliance period to regain compliance.
