U-BX TECHNOLOGY DL-,0016 Aktie

U-BX Technology completed a registered direct placement of 15,166,668 units at $0.30 each and expects gross proceeds of about $4.55 million. Each unit consists of one Class A common share and a warrant to purchase 0.3 common shares; FT Global Capital acted as lead placement agent and Kingswood Capital Partners as co-agent. The capital raise comes against a share price of $0.98 and high net cash burn, signaling further financing needs. » Altro su de.investing.com

U-BX Technology announced a securities purchase agreement for a registered direct placement intended to raise approximately $4.55 million gross. The securities are being sold at $0.30 per unit; each unit consists of one Class A common share and a warrant to purchase 0.3 common shares. Closing is expected on or about April 29, 2026; FT Global Capital is acting as exclusive placement agent and Kingswood Capital Partners as co-placement agent. U-BX intends to use the net proceeds for general corporate purposes and working capital, while the company is struggling with a low gross margin (0.31%) and earnings of -$0.64 per share over the last twelve months. » Altro su de.investing.com