SplitMay 18, 2026, 05:02 PM
U-BX Technology Announces 1-for-25 Reverse Stock Split
AI Summary
U-BX Technology Ltd. announced a 1-for-25 reverse stock split for its Class A and Class B ordinary shares, effective May 22, 2026. The Company's Board of Directors determined the exact ratio on May 12, 2026, following shareholder approval on November 4, 2025, for a split ratio between 1-for-2 and 1-for-250. This action will reduce the number of 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. Trading on an adjusted basis will commence on May 22, 2026, under the existing ticker symbol "UBXG" with a new CUSIP number G9161K120.
Key Highlights
- U-BX Technology resolved a 1-for-25 reverse stock split for Class A and Class B ordinary shares.
- Shareholders approved a reverse stock split ratio range on November 4, 2025.
- The Board of Directors determined the exact 1-for-25 ratio on May 12, 2026.
- Class A ordinary shares will begin trading on an adjusted basis on May 22, 2026.
- The new CUSIP number for Class A ordinary shares will be G9161K120.
- Outstanding Class A shares will reduce from approximately 37.79 million to 1.51 million.
- Outstanding Class B shares will reduce from approximately 7.66 million to 0.31 million.
- Shareholders otherwise entitled to fractional shares will receive one full share.
Price Impact
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