ubx technology ltd said it expects its initial public offering of 5 million shares to price at 5 per share the company said it doesnt have material operations of its own and conducts business through peoples republic of china operating entities ubx said these operating entities are focused on providing valueadded services using artificial intelligencedriven technology to businesses within the insurance industry including insurance carriers and brokers for the year ended june 30 2021 the company said it had revenues of 723 million in the year ended june 30 2022 it had revenues of 615 million ubx said it applied to list its shares on the nasdaq capital market under the symbol ubxg