U-BX Technology Ltd

Earnings data Q4 2024

U-BX Technology Ltd. provides digital promotion, risk assessment and value-added bundled benefit services. It is a holding company, which focuses on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers, and brokers. The company was founded by Jian Chen n 2018 and is headquartered in Beijing, China.

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).

U-BX Technology Ltd. Announced Receipt of Notification Letter from Nasdaq

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%.

UBXG: Stock Tumbles Amid Industry Activity

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.

U-BX Technology Ltd. Announces Closing of $10 Million Initial Public Offering

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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".

News for U-BX Technology Ltd Stock (UBXG)