| U-BX Technology Ltd. Announces Effective Date of Reverse Stock Split |
NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the "Company" or "U-BX") (NASDAQ:UBXG), a leading company providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers, today announced that it has resolved to effect a reverse stock split of the Company's ordinary shares and has determined the ratio to be 1-for-16. At the Company's annual meeting of shareholders held on October 24, 2024, the Company's shareholders approved a reverse stock split and granted the Company's Board of Directors the authority to determine the exact split ratio and on November 2, 2024, the Company's Board of Directors determined the ratio to be 1-for-16. U-BX's ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on November 27, 2024 under the existing ticker symbol “UBXG”. The new CUSIP number of the Company's ordinary shares will be G9161K112. |
globenewswire.com |
2024-11-25 09:00:00 |
Czytaj oryginał (ang.) |
| U-BX Technology Ltd. Announced Receipt of Notification Letter from Nasdaq |
BEIJING, Oct. 25, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the "Company" or "U-BX") (NASDAQ:UBXG), a leading company providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers, today announced that it has received written notifications (the "Notification Letters") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on Oct. 21, 2024. The Notification Letters advised the Company that for the last 31 consecutive business days, the minimum closing bid price per share for the Company's ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2). The Notification Letters also advised the Company that for the last 30 consecutive business days, the minimum Market Value of Listed Securities (MVLS) of the Company was below the $35 million requirement for continued listing under Nasdaq Listing Rule 5550(b)(2). |
globenewswire.com |
2024-10-25 20:30:00 |
Czytaj oryginał (ang.) |
| UBXG: Stock Tumbles Amid Industry Activity |
U-BX Insurance (UBXG, Financial) experienced a rapid stock decline, dropping 5.72% to $0.623 per share. The trading volume reached 308,627 shares, with a turnover rate of 1.04% and a price fluctuation of 6.25%. |
gurufocus.com |
2024-10-03 19:55:43 |
Czytaj oryginał (ang.) |
| U-BX Technology Ltd. Announces Closing of $10 Million Initial Public Offering |
Beijing, April 01, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $5.00 per share for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses. The Offering closed on April 1, 2024, and the Ordinary Shares began trading on Nasdaq Capital Market on March 28, 2024, under the ticker symbol "UBXG". The Company has granted EF Hutton LLC (“EF Hutton”), the underwriter, an option to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotments, if any, exercisable within 45 days from the closing date of the Offering. |
globenewswire.com |
2024-04-01 20:05:00 |
Czytaj oryginał (ang.) |
| U.S. IPO Weekly Recap: Biotech Leads Short 3 IPO Week |
U.S. IPO Weekly Recap: Biotech Leads Short 3 IPO Week |
seekingalpha.com |
2024-03-30 03:00:00 |
Czytaj oryginał (ang.) |
| U-BX Technology Ltd. Announces Pricing of $10Million Initial Public Offering |
BEIJING, March 27, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the pricing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at a public offering price of $5.00 per share (“Public Offering Price”) for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on March 28, 2024, under the ticker symbol "UBXG". |
globenewswire.com |
2024-03-27 19:00:00 |
Czytaj oryginał (ang.) |