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

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 Price Performance

Shares of NASDAQ UBXG opened at $0.69 on Friday. The firm has a 50 day moving average price 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.