U-BX Technology Closes $4.55M Offering

U-BX Technology Ltd., a provider of AI-driven value-added services to the insurance industry, announced the closing of a registered direct offering. The company sold 15,166,668 Units of its securities at a combined purchase price of $0.30 per Unit, generating approximately $4.55 million in gross proceeds. Each Unit consists of one Class A ordinary share and one warrant to purchase 0.3 of a Class A ordinary share. Alden Global Capital, Inc. served as the lead placement agent, with GHO Capital Partners, LLC as co-placement agent. Concord and Sage PC acted as counsel. The offering was made pursuant to a shelf registration statement on Form F-3, declared effective by the United States — United States Securities and Exchange Commission on December 15, 2025. The net proceeds are intended for general corporate and working capital purposes.