U-BX Technology Ltd. (NASDAQ:UBXG) (the "Company"), a leading company providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers, today announced that it has entered into a securities purchase agreement with several investors for the sales of the Company's securities at a combined offering price of $0.30 per Unit in a registered direct offering (the "Offering"). Each Unit consists of (i) one Class A ordinary share, par value $0.0016 per share (the "Class A Ordinary Shares"), and (ii) one warrant (each, a "Warrant") to purchase 0.3 of a Class A Ordinary Share. The gross proceeds to the Company from this Offering are expected to be approximately $4.55 million.

The Offering is expected to close on or about April 29, 2026, subject to customary closing conditions.

FT Global Capital, Inc. is acting as the exclusive placement agent for the offering; Kingswood Capital Partners, LLC is acting as co-placement agent for this offering.

The Company intends to use the net proceeds from this Offering for general corporate and working capital purposes.