U-BX Technology Ltd. Private Placement Agreement
Ticker: UBXG · Form: 6-K · Filed: Dec 4, 2024 · CIK: 1888525
| Field | Detail |
|---|---|
| Company | U-Bx Technology Ltd. (UBXG) |
| Form Type | 6-K |
| Filed Date | Dec 4, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0016, $4.00, $5.7 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: private-placement, capital-raise, sec-filing
Related Tickers: UBX
TL;DR
UBX just did a private placement deal on Nov 28th, details TBD.
AI Summary
On November 28, 2024, U-BX Technology Ltd. entered into a Securities Purchase Agreement with several investors for a private placement. The filing does not specify the dollar amount or the number of securities involved in this agreement.
Why It Matters
This filing indicates U-BX Technology Ltd. is raising capital through a private placement, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing is a 6-K, which typically contains limited financial details, and the specific terms of the private placement are not disclosed, creating uncertainty.
Key Players & Entities
- U-BX Technology Ltd. (company) — Filer of the report and party to the agreement
- November 28, 2024 (date) — Date the Securities Purchase Agreement was entered into
- Securities Purchase Agreement (document) — The agreement for the private placement
FAQ
What is the total amount of capital U-BX Technology Ltd. intends to raise through this private placement?
The filing does not specify the total amount of capital to be raised in the Securities Purchase Agreement.
Who are the specific investors (Purchasers) involved in the Securities Purchase Agreement?
The filing refers to 'several investors' as the Purchasers but does not name them specifically.
What is the price per share or the terms of the securities being offered in this private placement?
The filing does not disclose the price per share or the specific terms of the securities involved in the Securities Purchase Agreement.
When is the closing date for the Securities Purchase Agreement?
The filing does not mention a specific closing date for the Securities Purchase Agreement.
What will U-BX Technology Ltd. use the proceeds from this private placement for?
The filing does not state the intended use of the proceeds from the private placement.
Filing Stats: 1,221 words · 5 min read · ~4 pages · Grade level 14.1 · Accepted 2024-12-04 17:01:10
Key Financial Figures
- $0.0016 — dinary shares (the "Shares"), par value $0.0016 per share (the "Ordinary Shares"), and
- $4.00 — (the "Warrants") at a purchase price of $4.00 per Ordinary Share and three accompanyi
- $5.7 million — Price”), for a gross proceeds of $5.7 million (assuming the Warrants are not exercise
Filing Documents
- ea0223569-6k_ubxtech.htm (6-K) — 23KB
- ea022356901ex10-1_ubxtech.htm (EX-10.1) — 196KB
- ea022356901ex10-2_ubxtech.htm (EX-10.2) — 102KB
- ea022356901ex10-3_ubxtech.htm (EX-10.3) — 83KB
- 0001213900-24-105662.txt ( ) — 407KB
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. U-BX Technology Ltd. Date: December 4, 2024 By: /s/ Jian Chen Name: Jian Chen Title: Chief Executive Officer, and Director 3