Chen Jian Files 13D for U-BX Technology Ltd.

TL;DR

**Chen Jian just filed a 13D on U-BX Tech! Big ownership change incoming.**

AI Summary

Chen Jian has filed a Schedule 13D for U-BX Technology Ltd. on November 28, 2024, indicating a change in beneficial ownership. The filing pertains to the Ordinary Shares of the company, which is incorporated in E9 and has its principal executive offices in Beijing, China.

Why It Matters

This filing signals a potential shift in control or significant stake acquisition by Chen Jian in U-BX Technology Ltd., which could impact the company's stock price and strategic direction.

Risk Assessment

Risk Level: medium — A 13D filing indicates a significant change in beneficial ownership, which can lead to increased volatility and potential activism.

Key Players & Entities

• Chen Jian (person) — Filing person and potential significant beneficial owner
• U-BX Technology Ltd. (company) — Subject company
• November 28, 2024 (date) — Date of event requiring filing

FAQ

Key Financial Figures

• $4.00 — vember 28, 2029, at a purchase price of $4.00 per Ordinary Share and accompanying war

Filing Documents

• ea0224152-13dchen_ubxtech.htm (SC 13D) — 56KB
• 0001213900-24-108903.txt ( ) — 58KB

From the Filing

SC 13D 1 ea0224152-13dchen_ubxtech.htm SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 U-BX Technology Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) G9161K112 (CUSIP Number) Zhongguan Science and Technology Park No. 1 Linkong Er Road, Shunyi District, Beijing People’s Republic of China (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 28, 2024 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. G9161K112 1 Name of reporting person Jian Chen 2 Check the appropriate box if a member of a Group (See Instructions) (a) (b) 3 SEC use only 4 Source of funds (See Instructions) PF 5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) 6 Citizenship or place of organization China Number of Shares Beneficially Owned by Each Reporting Person With: 7 Sole Voting Power 2,757,301 Ordinary Shares (1) 8 Shared Voting Power 0 Ordinary Shares 9 Sole Dispositive Power 2,757,301 Ordinary Shares (1) 10 Shared Dispositive Power 0 Ordinary Shares 11 Aggregate amount beneficially owned by each reporting person 2,757,301 Ordinary Shares (1) 12 Check if the aggregate amount in Row (11) excludes certain shares (See Instructions) 13 Percent of class represented by amount in Row (11) 55.58% (2) 14 Type of Reporting Person (See Instructions) IN (1) Including 525,00 ordinary shares of U-BX Technology Ltd. (“Ordinary Shares”) held by the reporting person (the “Reporting Person”) as of the date hereof and 1,575,000 Ordinary Shares issuable pursuant to certain warrants held by the Reporting Person, expiring November 28, 2029 (“Warrant Shares”). Superego Pulse Limited, a company formed under the laws of the British Virgin Islands, of which Jian Chen (the “Reporting Person”) is the sole shareholder and director, holds 525,151 Ordinary Shares. In addition, Superego Pulse Limited is the general partner of Columbus Information consulting L.P., a limited partnership established under the laws of the British Virgin Islands and a stock incentive platform for the Company’s employees. Jian Chen has the sole voting and dispositive power of and is deemed the beneficial owner of the 525,151 Ordinary Shares held by Superego Pulse Limited and the 132,150 Ordinary Shares held by Columbus Information consulting L.P. (2) Based on 3,385,607 Ordinary Shares outstanding as of the date thereof and 1,575,000 Warrant Shares. 2 Explanatory Note This Schedule 13D is filed by the Reporting Persons to amend the Schedule 13G filed by the Reporting Persons on December 13, 2024, relating to the Ordinary Shares. Item 1. Security and Issuer (a) Title of Class of Securities: Ordinary Shares (b) Name of Issuer: U-BX Technology Ltd. (c) Address of Issuer’s Principal Executive Offices: Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People’s Republic of China Item 2. Identity and Background (a) Jian Chen (b) c/o U-BX Technology Ltd. Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People’s Republic of China (c) Jian Chen: Chief Executive Officer and Director of U-BX Technology Ltd. with the principle business address of Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People’s Republic of China (d) No (f) China 3 Item 3. Source and Amount of Funds or Other Consideration PF Item 4. Purpose of Transaction In 2021 and 2022, U-BX Technology Ltd. issued 525,151 Ordinary Shares (as adjusted pursuant to the reverse stock split completed in November 2024) to Superego Pulse Limited and 132,150 Ordinary Shares (as adjusted pursuant to the reverse stock split completed in November 2024) to Columbus Information consulting L.P. Jian Chen has the sole voting and dispositive power of and is deemed the beneficial owner of the 525,151 Ordinary Shares held by Superego Pulse Limited and the 132,150 Ordinary Shares held by Columbus Information consulting L.P. Jian Chen purchased 525,000 Ordinary Shares and warrants to

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View this SC 13D filing on SEC EDGAR