U-BX Technology Announces 1-for-25 Reverse Stock Split Effective May 22
U-BX Technology will implement a 1-for-25 reverse stock split on May 22, 2026, combining every 25 class A and class B shares into one share. The split reduces class A outstanding shares from about 37.79 million to 1.51 million and class B shares from 7.66 million to 0.31 million, with fractional entitlements rounded up.
1. Reverse Stock Split Authorization and Timing
At the annual meeting on November 4, 2025, shareholders granted the board authority to execute a reverse stock split at a ratio between 1-for-2 and 1-for-250. On May 12, 2026, the board determined a 1-for-25 split, which will take effect on May 22, 2026, under the existing trading symbol.
2. Impact on Outstanding Shares
The reverse split will consolidate every 25 class A ordinary shares into one share, reducing outstanding class A shares from approximately 37.79 million to 1.51 million. It will similarly consolidate class B shares, cutting the count from about 7.66 million to 0.31 million.
3. Fractional Share Treatment
No fractional shares will be issued in connection with the split. Shareholders who would otherwise receive a fractional share will be granted one full share in lieu of any fractional entitlement.