Corporate ActionApr 28, 2026, 03:50 PM
UBXG Closes $4.55M Registered Direct Offering
AI Summary
U-BX Technology Ltd. announced the closing of its previously announced registered direct offering, generating approximately $4.55 million in gross proceeds. The company sold 15,166,668 Units at $0.30 per Unit, with each Unit comprising one Class A ordinary share and one warrant to purchase 0.3 of a Class A Ordinary Share. FT Global Capital, Inc. served as the lead placement agent for the offering.
Key Highlights
- U-BX Technology Ltd. closed a registered direct offering for gross proceeds of approximately $4.55 million.
- The offering involved the sale of 15,166,668 Units of the Company's securities.
- Each Unit was sold at a combined purchase price of $0.30.
- Each Unit consists of one Class A ordinary share and one warrant to purchase 0.3 of a Class A Ordinary Share.
- FT Global Capital, Inc. acted as the lead placement agent, with Kingswood Capital Partners, LLC as co-placement agent.
Price Impact
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