U-BX Technology Ltd. Issues 270,000 Shares
Ticker: UBXG · Form: 6-K · Filed: Sep 25, 2024 · CIK: 1888525
| Field | Detail |
|---|---|
| Company | U-Bx Technology Ltd. (UBXG) |
| Form Type | 6-K |
| Filed Date | Sep 25, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-issuance, incentive-plan
TL;DR
UBX issued 270k shares on Sept 19 under incentive plan.
AI Summary
On September 19, 2024, U-BX Technology Ltd. issued 270,000 ordinary shares under its 2024 Share Incentive Plan. The company is incorporated in E9 and its principal executive offices are located at Zhongguan Science and Technology Park, Shunyi District, Beijing, China.
Why It Matters
This issuance of shares under an incentive plan could signal management's confidence in future growth or be used to attract and retain talent.
Risk Assessment
Risk Level: low — This filing is a routine report of share issuance under an existing incentive plan and does not indicate significant new risks.
Key Numbers
- 270,000 — Ordinary Shares Issued (Issued under the 2024 Share Incentive Plan on September 19, 2024.)
Key Players & Entities
- U-BX Technology Ltd. (company) — Filer of the report
- 270,000 (dollar_amount) — Number of ordinary shares issued
- September 19, 2024 (date) — Date of share issuance
- 2024 Share Incentive Plan (plan) — Plan under which shares were issued
FAQ
What is the purpose of the 2024 Share Incentive Plan?
The filing does not specify the exact purpose of the 2024 Share Incentive Plan, but it is common for such plans to be used for employee compensation, retention, and motivation.
What is the total number of ordinary shares outstanding after this issuance?
The filing does not provide the total number of ordinary shares outstanding, only the number of shares issued under the incentive plan.
Are these shares being issued to specific individuals or a group?
The filing states the shares were issued 'under Company's 2024 Share Incentive Plan,' implying they are allocated to participants of that plan, but specific recipients are not named.
What is the par value of the ordinary shares issued?
The filing does not disclose the par value of the ordinary shares issued.
Does this share issuance affect the company's financial statements?
Yes, the issuance of shares will impact the company's equity section on its balance sheet and potentially its earnings per share calculations.
Filing Stats: 197 words · 1 min read · ~1 pages · Grade level 15.8 · Accepted 2024-09-25 07:30:24
Filing Documents
- ea0215603-6k_ubxtech.htm (6-K) — 11KB
- 0001213900-24-081577.txt ( ) — 12KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: September 25, 2024 U-BX Technology Ltd By: /s/ Jian Chen Name: Jian Chen Title: Chief Executive Officer and Director 2