Beijing-based U-BX Technology Ltd. (NASDAQ:UBXG) enters share purchase agreements with investors and institutions, targeting approximately $45.5 million through a direct placement deal.
The stock trades at $0.82, down roughly 71% over the past year. U-BX actively repurchases shares at an average of $0.30.
Placement Structure
Each unit includes one warrant enabling the purchase of one Class A common share plus 0.3 additional Class A common shares. This single-tranche shelf takedown expects closure on April 29, 2026.
FT Global Capital, Inc. acts as sole boounner, while Kingswood Capital Partners, LLC leads as placement agent.
Proceeds Allocation
Net funds support business operations, research and development, and working capital needs.
The offering draws from the Form F-3 shelf registration (File No. 333-291797), effective via the U.S. Securities and Exchange Commission on December 15, 2025.
Business Focus
U-BX Technology delivers AI-powered solutions to Chinese consumer goods firms. Key offerings encompass digital promotion platforms, the “Magic Mirror” algorithm for personalized consumer services, medical beauty applications, vehicle maintenance alarms, smart home alarms, and related add-on services.
Current valuation metrics suggest the stock trades at a discount, signaling potential for investors.
