MindForge Inc. (MF) SEC Filings & Earnings Calls
EquiReason read 8 MindForge Inc. SEC filings in the last 12 months. Latest: 6-K on 2026-07-17 — MindForge Inc. (formerly U-BX Technology Ltd.) changed its name and trading symbol to 'MF' effective July 15, 2026; shares begin trading under new name/symbol on Nasdaq on July 20,.
Source: SEC EDGAR filings · figures as of 2025-12-31 · read by EquiReason
- Market cap
- 332.5M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
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- Next earnings
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
27 May 20266-KU-BX Technology Ltd. effected a 1-for-25 reverse stock split of Class A and Class B ordinary shares on May 22, 2026, to regain Nasdaq minimum bid price compliance. Outstanding shares reduced from ~37.79M to ~1.51M Class A and ~7.66M to ~0.3open
Figures in the filing · each found in the filing text
| outstanding class A ordinary shares · 2026-05-22 | 1,510,000 | -96% y/y |
| outstanding class B ordinary shares · 2026-05-22 | 310,000 | -96% y/y |
Risks flagged
Reverse split indicates prior non-compliance with Nasdaq listing standards; potential ongoing listing risk if bid price not sustained.
“intended to regain compliance with minimum bid price of $1.00 per share for continued listing on Nasdaq.”
28 Apr 20266-KU-BX Technology Ltd. completed a registered direct offering of 15,166,668 units at $0.30/unit, each consisting of one Class A share and a warrant to purchase 0.3 share, raising gross proceeds of ~$4.55M. Warrants include a zero exercise priopen
Figures in the filing · each found in the filing text
| gross proceeds · 2026-04-28 | $5M | |
| units offered · 2026-04-28 | 15,166,668 | |
| offering price per unit · 2026-04-28 | $0.30 |
Risks flagged
Highly dilutive offering with warrants; potential for further dilution if warrants exercised; low offering price suggests weak market confidence.
“15,166,668 units at $0.30/unit; warrants with zero exercise price option; warrant cap at 30% of shares sold.”
27 Apr 20266-KU-BX Technology Ltd. announced pricing of a registered direct offering of units at $0.30/unit, each consisting of one Class A share and a warrant to purchase 0.3 share, expected gross proceeds ~$4.55M. Proceeds for general corporate and woropen
Figures in the filing · each found in the filing text
| expected gross proceeds · 2026-04-27 | $5M | |
| offering price per unit · 2026-04-27 | $0.30 |
Risks flagged
Highly dilutive offering with warrants; low offering price suggests weak market confidence; potential for further dilution.
“Units at $0.30/unit; warrants to purchase 0.3 share; expected gross proceeds ~$4.55M.”
6 Nov 20256-KU-BX Technology Ltd. held annual general meeting on November 4, 2025, where shareholders approved all eight proposals including re-appointment of directors, appointment of auditor, share capital increase from $1M to $250M, adoption of dual-open
Figures in the filing · each found in the filing text
| authorized share capital · 2025-11-04 | $250M | +24900% y/y |
| votes represented at meeting · 2025-11-04 | 23,315,337 |
Risks flagged
Adoption of dual-class structure concentrates voting power with management; share consolidation authorization could lead to reverse split; massive authorized share increase enables significant future dilution.
“Dual-class structure with Class B shares having 20 votes per share; authorized share capital increased from $1M to $250M; share consolidation authorized at ratio up to 1-for-250.”
24 Oct 202520-FAnnual report (20-F) for FY2025 filed; no earnings beat/miss or guidance provided; key disclosures include increased customer concentration, COO resignation, and PIPE offering.open
Figures in the filing · each found in the filing text
| Customer concentration (% of total revenues) · FY2025 | 37.9% | |
| Gross proceeds from PIPE offering · FY2025 | $6M | |
| Warrant shares issued · FY2025 | 17,398,535 |
Risks flagged
Customer concentration risk
“For the year ended June 30, 2025, we have one customer that accounted for more than 10% of total revenues, and such customer accounted for 37.9% of the Company’s total revenues.” · word for word
Supplier concentration risk
“For the year ended June 30, 2025, three suppliers accounted for 25.4%, 18.3%, and 11.5% of the Company’s total purchases respectively.” · word for word
History of net losses and negative cash flows
“We have incurred net losses and negative cash flows from operating activities for the fiscal years ended June 30, 2025 and 2024, and we may not be able to achieve or maintain profitability or positive cash flow in the future.” · word for word
Material weakness in internal control over financial reporting
“we and our independent registered public accounting firm identified one material weakness in our internal control over financial reporting ... relates to our lack of sufficient skilled staff with appropriate knowledge of U.S. GAAP”
Regulatory and delisting risk under HFCA Act
“Our Ordinary Shares may be prohibited from being traded on a national exchange under the Holding Foreign Companies Accountable Act” · word for word
MindForge Inc. — questions
- What did MindForge Inc. file recently?
- 8 SEC filings in the last 12 months. Latest: 6-K on 2026-07-17 — MindForge Inc. (formerly U-BX Technology Ltd.) changed its name and trading symbol to 'MF' effective July 15, 2026; shares begin trading under new name/symbol on Nasdaq on July 20, 2026.
Every figure on this page comes from MindForge Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.