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U-BX Technology Ltd. Launches $10M IPO

U-BX Technology Ltd. (UBXG) has released an update.

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U-BX Technology Ltd., an AI-driven service provider for the insurance industry, has announced its IPO pricing at $5.00 per share, aiming to raise $10 million on the Nasdaq Capital Market under the ticker ‘UBXG’. The offering includes an option for an over-allotment of 300,000 additional shares and is set to fund research, marketing, and working capital. The IPO is expected to close by March 27, 2024, with EF Hutton serving as the sole bookrunner.

For further insights into UBXG stock, check out TipRanks’ Stock Analysis page.

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