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U-BX Technology | 6-K: Report of foreign private issuer (related to financial reporting)

U-BX Technology | 6-K: Report of foreign private issuer (related to financial reporting)

有家保险 | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/12/04 17:02

Moomoo AI 已提取核心信息

U-BX Technology has secured $5.7 million through a private placement offering on November 28, 2024, selling 1,425,000 ordinary shares and warrants to purchase 4,275,000 shares at $4.00 per share. The offering price represents approximately 102% of the previous day's closing price. CEO Jian Chen participated in the offering, purchasing 525,000 shares and 1,575,000 warrants.The warrants are exercisable upon issuance with a five-year expiration term. Notable terms include a reset of the exercise price to 20% of Nasdaq Minimum Price seven days after closing, with corresponding adjustments to warrant shares. The warrants also include provisions for cashless exercise and share combination event adjustments.The company plans to utilize the net proceeds for administrative expenses, talent acquisition, and working capital needs. The securities were sold under Section 4(a)(2) of the Securities Act and Regulation S, exclusively to non-U.S. persons. The company has agreed to file a registration statement for the resale of the shares and warrants.
U-BX Technology has secured $5.7 million through a private placement offering on November 28, 2024, selling 1,425,000 ordinary shares and warrants to purchase 4,275,000 shares at $4.00 per share. The offering price represents approximately 102% of the previous day's closing price. CEO Jian Chen participated in the offering, purchasing 525,000 shares and 1,575,000 warrants.The warrants are exercisable upon issuance with a five-year expiration term. Notable terms include a reset of the exercise price to 20% of Nasdaq Minimum Price seven days after closing, with corresponding adjustments to warrant shares. The warrants also include provisions for cashless exercise and share combination event adjustments.The company plans to utilize the net proceeds for administrative expenses, talent acquisition, and working capital needs. The securities were sold under Section 4(a)(2) of the Securities Act and Regulation S, exclusively to non-U.S. persons. The company has agreed to file a registration statement for the resale of the shares and warrants.
有家保险通过定向增发在2024年11月28日筹集了570万美金,出售了1,425,000普通股和可购买4,275,000股的Warrants,价格为每股4.00美元。此次发行价格约为前一天收盘价的102%。首席执行官陈建参与了此次发行,购买了525,000股和1,575,000个Warrants。这些Warrants在发行时即可行使,有五年的到期期限。重要条款包括,在关闭后七天,执行价格重置为纳斯达克最低价格的20%,并相应调整Warrants的股份。Warrants还包括无现金行使和股份合并事件调整的条款。公司计划利用净收益用于管理费用、人才招聘和营运资金需求。这些证券根据《证券法》第4(a)(2)条款和S条例出售,仅限于非美国人士。公司已同意提交注册声明,以便转售股份和Warrants。
有家保险通过定向增发在2024年11月28日筹集了570万美金,出售了1,425,000普通股和可购买4,275,000股的Warrants,价格为每股4.00美元。此次发行价格约为前一天收盘价的102%。首席执行官陈建参与了此次发行,购买了525,000股和1,575,000个Warrants。这些Warrants在发行时即可行使,有五年的到期期限。重要条款包括,在关闭后七天,执行价格重置为纳斯达克最低价格的20%,并相应调整Warrants的股份。Warrants还包括无现金行使和股份合并事件调整的条款。公司计划利用净收益用于管理费用、人才招聘和营运资金需求。这些证券根据《证券法》第4(a)(2)条款和S条例出售,仅限于非美国人士。公司已同意提交注册声明,以便转售股份和Warrants。
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