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NEWS
U-BX Technology Ltd. Announces Effective Date of Reverse Stock Split
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 Company's ordinary shares and has determined the ratio to be 1-for-16. At the Company's annual meeting of shareholders held on October 24, 2024, the Company's shareholders approved a reverse stock split and granted the Company's Board of Directors the authority to determine the exact split ratio and on November 2, 2024, the Company's Board of Directors determined the ratio to be 1-for-16. U-BX's ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on November 27, 2024 under the existing ticker symbol "UBXG". The new CUSIP number of the Company's ordinary shares will be G9161K112.
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Teo knows : Who bought this stock in above 5 they will get heart attack with this news feel sorry for them
Jaguar8 OP Teo knows : Why will they even swing a China stock. I don’t..ever. It’s just good for a quick play for me.
Luvgg Teo knows : I did get a heart attack because i bought 1000 shares at $10.50