U-BX Technology (UBXG) Announces Effective Date of Reverse Stock Split

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Go back to U-BX Technology (UBXG) Announces Effective Date of Reverse Stock Split

U-BX Technology Ltd. Announces Effective Date of Reverse Stock Split

November 25, 2024 7:00 AM EST

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 Companys ordinary shares and has determined the ratio to be 1-for-16. At the Companys annual meeting of shareholders held on October 24, 2024, the Companys shareholders approved a reverse stock split and granted the Companys Board of Directors the authority to determine... More