The CUSIP number for UNITY’s warrants exercisable for shares of common stock will remain unchanged however, the warrants will be impacted by the reverse stock split ratio upon exercise. The new CUSIP number for UNITY’s common stock following the reverse stock split will be 91381U200. The reverse stock split is primarily intended to bring the Company into compliance with the minimum required closing bid price for continued listing on the Nasdaq Global Select Market. UNITY’s common stock is expected to commence trading on a split-adjusted basis when the markets open on October 20, 2022 under the existing trading symbol “UBX.” The reverse stock split will become effective at 5:00 PM Eastern Time today, October 19, 2022, after close of trading on the Nasdaq Global Select Market. (“UNITY” or the “Company”) (Nasdaq:UBX), a biotechnology company developing therapeutics to slow, halt or reverse diseases of aging, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of UNITY’s common stock. 19, 2022 (GLOBE NEWSWIRE) - UNITY Biotechnology, Inc. The company's goal is to make boxing more accessible and provide an unparalleled fitness experience for all.UBX common stock expected to begin trading on a split-adjusted basis on October 20, 2022 With over 100 locations worldwide, UBX offers a unique mix of boxing and strength training in a 12-round circuit. UBX is a boxing fitness franchise founded in With its exceptional growth trajectory and unwavering dedication, UBX is poised to become the go-to destination for boxing enthusiasts worldwide. By offering unparalleled flexibility and accessibility, UBX has quickly become the world's leading boxing and strength provider.Īs UBX continues to expand its global footprint, the brand remains committed to its core values of delivering a unique fitness experience while making boxing accessible to all. Setting itself apart from traditional gyms, UBX fosters an environment that is fun, flexible, addictive, and inclusive.
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The company's mission is to democratize boxing and provide an opportunity for everyone to train like a professional boxer. UBX offers a one-of-a-kind fitness experience by combining boxing and strength training in a 12-round circuit. We want to create the largest boxing community worldwide…Boxing is experiencing a new golden era and demand follows public interest. Our mission is to give everyone the opportunity to train like a boxer without stepping into the ring. , and today is the world's fastest-growing boxing fitness franchise. , and four-time world champion, Australian boxer, Now have 4 locations actively open with over 200 more in the works.įurther reinforcing the brand's stronghold in boxing, UBX has signed a partnership withĬombat Sports globally to co-brand and collaborate on product design, marketing, and distribution efforts for the release of boxing gloves, apparel, staff uniform and equipment. Meanwhile, following their March launch, the UK and Which has welcomed over 200 members and over 2,400 visits since opening. As seen globally, consumer interest and participation often follows professional success in sport," says Is an exciting market for UBX due to its strong interest in boxing, longstanding affinity with martial arts, and long list of world champions including former P4P #1 boxer Together with Prova Group, UBX is set to open a minimum of 145 locations in This growth has been achieved through a combination of direct entry from the Australian-based HQ team and strategic Master Franchise partnerships with Prova Group ( , the UK, and the U.S, and is the next step in their roadmap towards 500+ gyms globally in the next 5 years. Marks the brand's 7th global entry, joining their existing 100+ locations across
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