U-BX Technology Ltd.’s Lock-Up Period To End Tomorrow (NASDAQ:UBXG)

U-BX Technology’s (NASDAQ:UBXG) lock-up period will end 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 company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

U-BX Technology Stock Down 9.2 %

UBXG stock opened at $0.69 on Monday. U-BX Technology has a 12 month low of $0.65 and a 12 month high of $35.44. The company’s 50 day simple moving average is $7.68.

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.