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

U-BX Technology’s (NASDAQ:UBXG) lock-up period is set to expire on Tuesday, September 24th. U-BX Technology had issued 2,000,000 shares in its public offering on March 28th. The total size of the offering was $10,000,000 based on an initial share price of $5.00. After the expiration of U-BX Technology’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

U-BX Technology Stock Down 9.2 %

NASDAQ UBXG opened at $0.69 on Friday. The stock has a 50 day moving average of $7.68. U-BX Technology has a 52-week low of $0.65 and a 52-week high of $35.44.

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.