Junee Limited Announces Completion of Corporate Name Change to SuperX AI Technology Limited and Commencement of Trading Under New Ticker Symbol "SUPX"

Rhea-AI Summary

Junee Limited (NASDAQ: JUNE) has completed its corporate rebranding to SuperX AI Technology Limited, with its shares now trading under the new ticker symbol "SUPX" on the Nasdaq Capital Market. The rebranding reflects the company's strategic pivot to become a comprehensive AI infrastructure solutions provider, focusing on developing integrated systems for compute, model hosting, data pipelines, and orchestration tools for global enterprise AI deployment. Executive Director Yu Chun Kit emphasized this transition as a significant milestone in their growth strategy. The company's new corporate website is accessible at www.superx.sg. Importantly, the name change does not impact shareholder rights, requires no action from current shareholders, and maintains the same CUSIP number for ordinary shares.

Positive

• Strategic transformation into the high-growth AI infrastructure sector
• Maintains Nasdaq listing and trading status while repositioning the business
• Clear focus on providing comprehensive AI solutions for enterprise clients

Negative

• No specific details provided about current AI capabilities or existing products
• Lack of information about financial investment or timeline for AI infrastructure development
• Uncertainty about the company's experience and competitive advantage in the AI sector

SINGAPORE, June 2, 2025 /PRNewswire/ -- NASDAQ-listed company Junee Limited (NASDAQ: JUNE) today announced that it has completed its previously announced corporate name change and re-branding to SuperX AI Technology Limited ("SuperX" or the "Company"). In connection with the name change, the Company's ordinary shares will begin trading today on the Nasdaq Capital Market under the new ticker symbol "SUPX." The rebranding reflects the Company's strategic transformation towards becoming a one-stop AI infrastructure solutions provider. The new corporate website is now live at www.superx.sg. 

The corporate rebranding reflects the Company's strategic transformation into a one-stop provider of artificial intelligence (AI) infrastructure solutions. The Company plans to develop and deliver integrated systems encompassing compute, model hosting, data pipelines, and orchestration tools to support enterprise AI deployment globally.

"This transition marks an important milestone in our growth strategy," said Yu Chun Kit, executive director of SuperX. "Our new name more accurately reflects our long-term vision to empower developers, enterprises, and research institutions with scalable and high-performance infrastructure tailored for the AI era."

The name change does not affect the rights of shareholders and no action is required from current shareholders. The Company's CUSIP number for its ordinary shares will remain unchanged.

About SuperX AI Technology Limited Limited:

SuperX AI Technology Limited (NASDAQ: SUPX) is a company that specializes in providing high-quality residential and commercial interior design solutions. Through its subsidiaries, including MindEnergy AI Technology Pte. Ltd. and ASPAC AI Computing Pty Ltd, SuperX aims to become a leading technology company dedicated to developing and delivering next-generation digital infrastructure solutions. It is committed to integrating smart technology into every aspect of its offerings, setting new standards for innovation and excellence in the industry.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements due to various factors. Investors are advised to refer to the documents filed by SuperX AI Technology Limited with the Securities and Exchange Commission, including the most recent Form 20-F, for a discussion of these risks and uncertainties.

 

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SOURCE SuperX AI Technology Limited

FAQ

Why did Junee Limited change its name to SuperX AI Technology Limited?

The company changed its name to reflect its strategic transformation into a one-stop AI infrastructure solutions provider, focusing on developing integrated systems for enterprise AI deployment.

What is the new stock symbol for SuperX AI Technology (formerly Junee Limited)?

The company's new ticker symbol on the Nasdaq Capital Market is 'SUPX', changed from the previous 'JUNE' symbol.

Does the SuperX AI Technology (SUPX) name change affect shareholders' rights?

No, the name change does not affect shareholders' rights, requires no action from current shareholders, and maintains the same CUSIP number for ordinary shares.

What services will SuperX AI Technology (SUPX) provide?

SuperX plans to provide integrated AI infrastructure solutions including compute, model hosting, data pipelines, and orchestration tools for enterprise AI deployment globally.

Who is the executive director of SuperX AI Technology (SUPX)?

Yu Chun Kit serves as the executive director of SuperX AI Technology Limited.