U-BX Technology (NASDAQ:UBXG) shares are trading lower in after-hours trading on Monday.
UBXG shares fell 15.6% to $0.11 in after-hours trading after the company announced a 1-for-25 reverse stock split that will take effect Friday.
The China-based insurance technology company said its Class A ordinary shares will begin trading on a split-adjusted basis on Friday under the existing ticker symbol “UBXG.”
AI Insurance Company Announces Reverse Split
U-BX said the reverse split was approved by shareholders during the company’s annual meeting in November 2025, with the board later determining the final 1-for-25 ratio on May 12, 2026.
The company provides artificial intelligence-driven services for the insurance industry, including risk assessment tools, digital promotion services and bundled insurance benefits.
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