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U-BX Technology Ltd. 6-K Report: Nasdaq Compliance Achieved!

$UBXG
Form 6-K
Filed on: 2024-12-17
Source
U-BX Technology Ltd. 6-K Report: Nasdaq Compliance Achieved!

Here are the key insights extracted from the financial report:

  1. Company Information:
  • Name: U-BX Technology Ltd.
  • Address: Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People's Republic of China.
  • Contact: +86 10 0651-20297
  1. Filing Type: This is a Form 6-K report, which is typically used by foreign private issuers to provide information to investors.
  2. Compliance Update:
  • On December 13, 2024, U-BX Technology Ltd. received confirmation from the Nasdaq Stock Market that it had regained compliance with the minimum bid price requirement.
  • The company's ordinary shares maintained a closing bid price of $1.00 or above for 10 consecutive business days (from November 27 to December 12, 2024).
  • The compliance matter is now closed, meaning the company will continue its listing on the Nasdaq Capital Market.
  1. Regulatory Compliance:
  • The report indicates that U-BX Technology Ltd. will file annual reports under Form 20-F, a requirement for foreign companies trading in the U.S.
  • The company has not filed under Form 40-F.
  1. Signature: The report is signed by Jian Chen, who serves as the Chief Executive Officer and Director of U-BX Technology Ltd. The signing date is December 17, 2024.

This document serves as an important update on the company's compliance status with Nasdaq, which is crucial for its continued operation in the U.S. financial markets.