U-BX Technology Ltd. Announces Effective Date of Reverse Stock Split
U-BX Technology (NASDAQ:UBXG) approved a 1-for-25 reverse stock split of its class A and class B ordinary shares.
Rhea-AI Summary
U-BX Technology (NASDAQ:UBXG) approved a 1-for-25 reverse stock split of its class A and class B ordinary shares. The split becomes effective for trading on May 22, 2026 under the existing ticker UBXG, with a new class A CUSIP G9161K120.
The split will reduce outstanding class A shares from approximately 37.79 million to 1.51 million and class B shares from approximately 7.66 million to 0.31 million. No fractional shares will be issued; eligible holders will receive one full share instead.
Positive
- 1-for-25 reverse stock split effective May 22, 2026
- Class A share count reduced from ~37.79 million to ~1.51 million
- Class B share count reduced from ~7.66 million to ~0.31 million
- No fractional shares; fractional entitlements rounded up to one full share
Negative
- None.
Details
News Market Reaction – UBXG
In the May 19 session, UBXG declined 11.83%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Reverse split ratio
- 1-for-25
- Board-determined reverse stock split ratio announced May 18, 2026
- Approved split range
- 1-for-2 to 1-for-250
- Shareholder authorization at November 4, 2025 annual meeting
- Effective trading date
- May 22, 2026
- Class A shares begin trading on split-adjusted basis
- Class A shares pre-split
- 37.79 million
- Approximate outstanding Class A ordinary shares before reverse split
- Class A shares post-split
- 1.51 million
- Approximate outstanding Class A ordinary shares after reverse split
- Class B shares pre-split
- 7.66 million
- Approximate outstanding Class B ordinary shares before reverse split
- Class B shares post-split
- 0.31 million
- Approximate outstanding Class B ordinary shares after reverse split
- Par value change
- $0.0016 to $0.04
- Per-share par value for both Class A and Class B after consolidation
Previous Stock split Reports
-
Announced 1-for-16 reverse split reducing outstanding shares to about 1.9M.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
CUSIP financial
par value financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 18, 2026 (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 class A ordinary shares and class B ordinary shares and has determined the ratio to be 1-for-25. At the Company’s annual meeting of shareholders held on November 4, 2025, the Company’s shareholders approved a reverse stock split at a ratio of not less than 1-for-2 and not more than 1-for-250 and granted the Company’s Board of Directors the authority to determine the exact split ratio. On May 12, 2026, the Company’s Board of Directors determined the ratio to be 1-for-25. U-BX’s class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on May 22, 2026 under the existing ticker symbol “UBXG”. The new CUSIP number of the Company’s class A ordinary shares will be G9161K120.
When the reverse stock split is effective, every thirty shares of the Company's class A ordinary shares, par value at
No fractional shares will be issued in connection with the reverse stock split. Shareholders otherwise entitled to receive a fractional share as a result of the reverse stock split will receive one full share.
Additional information concerning the reverse stock split can be found in U-BX's notice of annual general meeting filed with the Securities and Exchange Commission on November 6, 2025.
About U-BX Technology Ltd.
Headquartered in Beijing, U-BX Technology Ltd. is a provider of insurance technology in China. The Company focuses on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry. The Company's services and products primarily include: 1) Digital promotion services. The Company helps institutional clients boost their social media visibility and generate revenue through consumer engagement and client promotions. 2) Risk assessment services. The Company has developed a unique algorithm named "Magic Mirror" that calculates payout risks for auto insurance coverage based on vehicle information. Insurance carriers purchase the personalized risk reports generated by the algorithm. Magic Mirror utilizes AI and optical character recognition technology to produce detailed risk assessments, including accident likelihood, potential claims, and estimated settlement amounts. and 3) Value-added bundled benefits to insurance carriers. The benefits packages include auto maintenance services, auto value added services, vehicle moving notification services etc. For more information, please visit: https://www.u-bx.com/.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For more information, please contact:
U-BX Technology Ltd.
Investor Relations Department
FAQ
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