Filing Details
- Accession Number:
- 0001213900-25-025693
- Form Type:
- 13D Filing
- Publication Date:
- 2025-03-19 20:00:00
- Filed By:
- Jian Chen
- Company:
- U-Bx Technology Ltd.
- Filing Date:
- 2025-03-20
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Jian Chen | 7,592,185 | 0 | 7,592,185 | 0 | 7,592,185 | 77.50% |
Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
|
U-BX Technology Ltd. (Name of Issuer) |
Ordinary Shares (Title of Class of Securities) |
G9161K112 (CUSIP Number) |
Jian Chen NO.1 LINKONG ER ROAD, SHUNYI DISTRICT, ZHONGGUAN SCIENCE AND TECHNOLOGY PARK Beijing, F4, 101300 8610065120297 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
03/20/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.


The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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CUSIP No. | G9161K112 |
1 |
Name of reporting person
Jian Chen | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
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3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
PF | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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6 | Citizenship or place of organization
CHINA
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
7,592,185.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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13 | Percent of class represented by amount in Row (11)
77.50 % | ||||||||
14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
(1) Including 6,934,884 ordinary shares of U-BX Technology Ltd. ("Ordinary Shares") held by the reporting person (the "Reporting Person") as of the date hereof. Superego Pulse Limited, a company formed under the laws of the British Virgin Islands, of which Jian Chen is the sole shareholder and director, holds 525,151 Ordinary Shares. In addition, Superego Pulse Limited is the general partner of Columbus Information consulting L.P., a limited partnership established under the laws of the British Virgin Islands and a stock incentive platform for the Company's employees. Jian Chen has the sole voting and dispositive power of and is deemed the beneficial owner of the 525,151 Ordinary Shares held by Superego Pulse Limited and the 132,150 Ordinary Shares held by Columbus Information consulting L.P.
(2) Based on 9,795,491 Ordinary Shares outstanding as of the date thereof.
SCHEDULE 13D
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Item 1. | Security and Issuer | |
(a) | Title of Class of Securities:
Ordinary Shares | |
(b) | Name of Issuer:
U-BX Technology Ltd. | |
(c) | Address of Issuer's Principal Executive Offices:
NO.1 LINKONG ER ROAD, SHUNYI DISTRICT, ZHONGGUAN SCIENCE AND TECHNOLOGY PARK, Beijing,
CHINA
, 101300. | |
Item 1 Comment:
This Amendment No. 1 (this "Amendment") amends and supplements the Schedule 13D filed by the Reporting Person on December 13, 2024 (the "Original Schedule 13D", and, as amended and supplemented by this Amendment, the "Schedule 13D") with respect to the Ordinary Shares of U-BX Technology Ltd, a Cayman Islands company. Capitalized terms used in this Amendment and not defined herein shall have the same meanings ascribed to them in the Original Schedule 13D.
The Reporting Person beneficially owns an aggregate of 7,592,185 Ordinary Shares which represent approximately 77.50% of the Company's issued and outstanding Ordinary Shares as of the date of this Amendment. | ||
Item 2. | Identity and Background | |
(a) | Jian Chen | |
(b) | c/o U-BX Technology Ltd. Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People's Republic of China | |
(c) | Jian Chen: Chief Executive Officer and Director of U-BX Technology Ltd. with the principle business address of Zhongguan Science and Technology Park, No. 1 Linkong Er Road, Shunyi District, Beijing, People's Republic of China | |
(d) | No | |
(f) | China | |
Item 3. | Source and Amount of Funds or Other Consideration | |
PF | ||
Item 4. | Purpose of Transaction | |
The Reporting Person acquired and continues to hold the securities with the intent to exercise control over the Issuer. Except as set forth herein, the Reporting Person does not have any present plans or proposals which relate to or would result in any of the transactions described in paragraph (a) through (j) of Item 4 of the Rule 240.13d of the Securities Exchange Act of 1934, as amended. However, as a significant shareholder and the CEO and director of the Issuer, the Reporting Person intends to actively participate in the Issuer's management, strategic direction and corporate governance. | ||
Item 5. | Interest in Securities of the Issuer | |
(a) | Name Number of Ordinary Shares Percentage
Amount Beneficially Owned Jian Chen 7,592,185(1) 77.50%(2) | |
(b) | Name Number of Ordinary Shares Percentage
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: Jian Chen 7,592,185(1)
(ii) Shared power to vote or to direct the vote: Jian Chen 0
(iii) Sole power to dispose or to direct the disposition of: Jian Chen 7,592,185(1)
(iv) Shared power to dispose or to direct the disposition of: Jian Chen 0
(1) Including 6,934,884 Ordinary Shares held by the Reporting Person as of the date hereof. Superego Pulse Limited, a company formed under the laws of the British Virgin Islands, of which Jian Chen is the sole shareholder and director, holds 525,151 Ordinary Shares. In addition, Superego Pulse Limited is the general partner of Columbus Information consulting L.P., a limited partnership established under the laws of the British Virgin Islands and a stock incentive platform for the Company's employees. Jian Chen has the sole voting and dispositive power of and is deemed the beneficial owner of the 525,151 Ordinary Shares held by Superego Pulse Limited and the 132,150 Ordinary Shares held by Columbus Information consulting L.P.
(2) Based on 9,795,491 Ordinary Shares outstanding as of the date thereof. | |
(c) | Jian Chen did not effect any transaction during the past sixty days or since the most recent filing of Schedule 13D (ss. 240.13d-101), whichever is less, other than the acquisition of 525,000 Ordinary Shares and warrants to purchase up to 1,575,000 Ordinary Shares (the "Warrants"). | |
(d) | not applicable | |
(e) | not applicable | |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
The Reporting Person entered into a securities purchase agreement (the "Securities Purchase Agreement") to acquire 525,000 Ordinary Shares and Warrants to purchase up to 1,575,000 Ordinary Shares.
Each Warrant has an initial exercise price of $4.00 per Ordinary Share, subject to reset and adjustment as discussed below. Pursuant to the Securities Purchase Agreement, on the seventh (7th) calendar days after November 28, 2024, the exercise price of the Warrants shall be reset to 20% of Nasdaq Minimum Price of the Company's Ordinary Share, rounding up to the nearest first decimal place, determined on the date of the Securities Purchase Agreement. In addition, upon such reset of the exercise price, the number of Ordinary Shares underlying the Warrants (the "Warrant Shares") issuable immediately prior to such reset shall be adjusted to the number of Ordinary Shares determined by multiplying the initial exercise price by the number of Warrant Shares acquirable upon exercise of the Warrants immediately prior to such reset and dividing the product thereof by the exercise price resulting from such reset. As a result, the Warrants grant the Reporting Person the right to acquire 7,875,000 Ordinary Shares at $0.80 per share.
The Warrants are exercisable upon issuance and will expire five years from their initial date of exercise. The warrants are exercisable for cash; provided, however that they may be exercised on a cashless exercise. In addition, if at any time after the three months' anniversary of the date of issuance, the holder of the warrant may alternatively exchange all, or any part, of the warrants into such aggregate number of Ordinary Shares equal to the product of (x) 0.8 and (y) such aggregate number of Ordinary Shares underlying such portion of the warrants to be exercised.
On March 18, 2025, the Reporting Person exercised the Warrants in full to purchase 6,409,884 Ordinary Shares. | ||
Item 7. | Material to be Filed as Exhibits. | |
Exhibit Description
A Securities Purchase Agreement, filed as exhibit 10.1 to the Report on Form 6-K filed on December 4, 2024 and incorporated by reference in this Schedule 13D.
B Ordinary Share Purchase Warrant, filed as exhibit 10.2 to the Report on Form 6-K filed on December 4, 2024 and incorporated by reference in this Schedule 13D.
C Registration Rights Agreement, filed as exhibit 10.3 to the Report on Form 6-K filed on December 4, 2024 and incorporated by reference in this Schedule 13D. |
SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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