U-BX Technology Ltd.’s Quiet Period To Expire on May 7th (NASDAQ:UBXG)

U-BX Technology’s (NASDAQ:UBXG) quiet period will expire on Tuesday, May 7th. 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. During U-BX Technology’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

U-BX Technology Price Performance

Shares of NASDAQ:UBXG opened at $4.61 on Tuesday. U-BX Technology has a one year low of $4.00 and a one year high of $5.40.

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. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.