U-BX Technology Ltd.’s Lock-Up Period To Expire on September 24th (NASDAQ:UBXG)

U-BX Technology’s (NASDAQ:UBXG) lock-up period will expire on Tuesday, September 24th. U-BX Technology had issued 2,000,000 shares in its IPO on March 28th. The total size of the offering was $10,000,000 based on an initial share price of $5.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

U-BX Technology Trading Down 4.7 %

Shares of UBXG stock opened at $0.81 on Tuesday. U-BX Technology has a one year low of $0.65 and a one year high of $35.44. The firm has a 50 day moving average of $8.36.

U-BX Technology Company Profile

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.