U-BX Technology Ltd. - Form 6-K Filing on Equity Offering

2026-04-28SEC Filing 6-K (0001213900-26-048520)

U-BX Technology Ltd. has announced the successful closing of a securities offering on April 28, 2026, raising approximately $4.55 million in gross proceeds. The offering involved the sale of 15,166,668 units, each comprising one Class A ordinary share and one warrant to purchase 0.3 Class A ordinary shares at an exercise price of $0.30. The warrants feature a "Zero Exercise Price Option" for cashless exercise, subject to a cap limiting the total shares issuable upon warrant exercise to 30% of shares sold in the offering. The company utilized a "best-efforts" approach for the offering, which was made under a previously effective Form F-3 registration statement. Net proceeds are allocated for working capital, research and development, and general corporate purposes. FT Global Capital, Inc. acted as the placement agent, receiving an 8.5% success fee and expense reimbursements. The Class A Ordinary Shares are listed on The Nasdaq Capital Market under the symbol "UBXG."

Ticker mentioned:UBXG