Youxin Technology Ltd Provides Update on Strengthened Balance Sheet
Rhea-AI Summary
Youxin Technology (NASDAQ: YAAS) announced it received approximately $4.48 million in gross proceeds from the exercise of warrants issued in its September 2025 public offering. The warrant exercises led to the issuance of 1,752,134 Class A ordinary shares, adjusted for the reverse stock split effective September 30, 2025. Approximately 65% of Series A registered common warrants and 99% of Series B registered common warrants were exercised, leaving 449,209 Series A warrants (exercise price $5.368) and 534 Series B warrants (exercise price $0.0008) outstanding. The shares were registered under the company’s Form F-1 (File No. 333-289453), declared effective by the SEC on September 4, 2025. Management said the cash infusion strengthens the company’s balance sheet to pursue growth opportunities.
Positive
- Gross proceeds of $4.48 million
- Issued 1,752,134 Class A ordinary shares
- Series B warrants 99% exercised
Negative
- Outstanding 449,209 Series A warrants remain
- Outstanding 534 Series B warrants remain
- Issuance of 1,752,134 shares increases share count
News Market Reaction 1 Alert
On the day this news was published, YAAS declined 2.37%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
GUANGZHOU, CHINA, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (NASDAQ: YAAS) (the “Company”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced that it has received approximately
The exercises of warrants have resulted in the issuance of 1,752,134 Class A ordinary shares, adjusted retrospectively to reflect the Company’s reverse stock split on September 30, 2025. Approximately
“We are very pleased to strengthen our balance sheet while seeing more than half of our warrants exercised,” said Jinhou Sun, the Company’s Chairman of the Board of Directors. “This cash infusion will provide additional resources to pursue new business opportunities and advance our strategic growth objectives.”
The Class A ordinary shares issued upon the exercise of the warrants were registered pursuant to the Company’s registration statement on Form F-1, as amended (File No. 333-289453), which was declared effective by the U.S. Securities and Exchange Commission on September 4, 2025.
About Youxin Technology Ltd
Youxin Technology Ltd is a SaaS and PaaS provider committed to helping retail enterprises digitally transform their businesses using its cloud-based SaaS product and PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure. Youxin Technology provides a customized, comprehensive, fast-deployment omnichannel digital solutions that unify all aspects of commerce with store innovations, distributed inventory management, cross-channel data integration, and a rich set of ecommerce capabilities that encompass mobile applications, social media, and web-based applications. The Company’s products allow mid-tier brand retailers to use offline direct distribution to connect the management team, distributors, salespersons, stores, and end customers across systems, apps, and devices. This provides retailers with a comprehensive suite of tools to instantly address issues using real-time sales data. For more information, please visit the Company’s website: https://ir.youxin.cloud.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
For more information, please contact:
Youxin Technology Ltd.
Investor Relations Department
Email: ir@youxin.cloud
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com