Dividends & Buybacks · GlobeNewswire
U-BX Technology sets May 22 effective date for 1-for-25 reverse stock split
UBXGMindForge Inc.
U-BX Technology Ltd. announced that its reverse stock split will become effective on May 22, 2026, with shares beginning to trade on an adjusted basis under the existing ticker symbol UBXG. The Board of Directors determined the ratio to be 1-for-25, combining every 25 old shares into one new share. This action reduces outstanding Class A ordinary shares from approximately 37.79 million to 1.51 million and Class B shares from approximately 7.66 million to 0.31 million. Fractional shares will be rounded up to the nearest whole share. U-BX Technology Ltd. is a provider of insurance technology in China, focusing on AI-driven value-added services for the insurance industry.