NEW YORK, May 18, 2026 (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 class A ordinary shares and class B ordinary shares and has determined the ratio to be 1-for-25.

globenewswire.com - 2026-05-18 17:00:00

NEW YORK, May 18, 2026 (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 class A ordinary shares and class B ordinary shares and has determined the ratio to be 1-for-25. At the Company's annual meeting of shareholders held on November 4, 2025, the Company's shareholders approved a reverse stock split at a ratio of not less than 1-for-2 and not more than 1-for-250 and granted the Company's Board of Directors the authority to determine the exact split ratio. On May 12, 2026, the Company's Board of Directors determined the ratio to be 1-for-25. U-BX's class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on May 22, 2026 under the existing ticker symbol “UBXG”. The new CUSIP number of the Company's class A ordinary shares will be G9161K120.

globenewswire.com - 2026-05-18 17:00:00

Beijing, China, April 28, 2026 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (NASDAQ: UBXG) (the "Company"), 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 the closing of its previously announced registered direct offering with several investors for the sale and purchase of an aggregate of 15,166,668 Units of the Company's securities at a combined purchase price of $0.

globenewswire.com - 2026-04-28 15:48:14

Beijing, China, April 28, 2026 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (NASDAQ: UBXG) (the “Company”), 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 the closing of its previously announced registered direct offering with several investors for the sale and purchase of an aggregate of 15,166,668 Units of the Company's securities at a combined purchase price of $0.30 per Unit in a registered direct offering. Each Unit consists of (i) one Class A ordinary share, par value $0.0016 per share (the “Class A Ordinary Shares”), and (ii) one warrant (each, a “Warrant”) to purchase 0.3 of a Class A Ordinary Share.

globenewswire.com - 2026-04-28 15:48:00

Beijing, China, April 27, 2026 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (NASDAQ: UBXG) (the "Company"), 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 entered into a securities purchase agreement with several investors for the sales of the Company's securities at a combined offering price of $0.30 per Unit in a registered direct offering (the “Offering”). Each Unit consists of (i) one Class A ordinary share, par value $0.0016 per share (the “Class A Ordinary Shares”), and (ii) one warrant (each, a “Warrant”) to purchase 0.3 of a Class A Ordinary Share. The gross proceeds to the Company from this Offering are expected to be approximately $4.55 million.

globenewswire.com - 2026-04-27 13:07:00

Beijing, China, April 27, 2026 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (NASDAQ: UBXG) (the "Company"), 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 entered into a securities purchase agreement with several investors for the sales of the Company's securities at a combined offering price of $0.

globenewswire.com - 2026-04-27 13:07:00

U-BX Technology Ltd. (NASDAQ: UBXG - Get Free Report) was up 1.9% on Monday. The company traded as high as $1.08 and last traded at $1.08. Approximately 19,923 shares traded hands during trading, a decline of 53% from the average daily volume of 42,608 shares. The stock had previously closed at $1.06. Wall Street Analyst

defenseworld.net - 2026-04-14 03:01:05