- U-BX Technology Ltd. is proposing to adopt a **dual-class share structure** where existing ordinary shares will be re-designated as Class A Ordinary Shares (one vote per share) and **5,000,000,000** authorized but unissued shares will become Class B Ordinary Shares (**twenty votes per share**), with Class B shares not entitled to dividends.  **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:1]** **[1888525_0001213900-25-099161_ea026120101ex99-2_ubxtech.htm:2]** **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:20]** 
- The company plans a **share capital increase** from **USD 1,000,000.00** to **USD 250,000,000.00** and a **share consolidation** (reverse stock split) at a ratio between **1-for-2** and **1-for-250** to help maintain its Nasdaq listing by meeting the minimum bid price requirement.  **[1888525_0001213900-25-099161_ea026120101ex99-2_ubxtech.htm:1]** **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:2]** **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:12]** 
- As part of the dual-class structure adoption, certain shareholders, including **Jian Chen**, will have their **Class A Ordinary Shares repurchased** and an equal number of **Class B Ordinary Shares issued** to them, with Jian Chen exchanging **6,934,884** shares.  **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:1]** 
- The company also proposes to change its name from U-BX Technology Ltd. to **MindForge Inc.** to align with its global marketing and expansion plan and future business strategies.  **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:2]** **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:15]** **[1888525_0001213900-25-099161_ea026120101ex99-1_ubxtech.htm:17]**

U-BX Technology (UBXG)