Youxin Technology Ltd Receives Nasdaq Delisting Determination, Plans to Appeal, and Announces 1-for-80 Share Consolidation
Youxin Technology (Nasdaq: YAAS) has received a delisting determination from Nasdaq due to non-compliance with listing requirements. The company's stock price fell below $0.10 for ten consecutive trading days, violating Nasdaq's Low Priced Stocks Rule. Additionally, YAAS was previously notified of non-compliance with the $1.00 minimum bid requirement on August 13, 2025.
In response, the company has announced a 1-for-80 share consolidation effective September 30, 2025, which will reduce outstanding Class A shares from approximately 171.3 million to 2.1 million. The consolidation aims to regain compliance with Nasdaq's requirements. Youxin plans to appeal the delisting determination, which will stay the suspension pending the Panel's decision.
Youxin Technology (Nasdaq: YAAS) ha ricevuto una decisione di cancellazione della quotazione da Nasdaq a causa di non conformità ai requisiti di quotazione. Il prezzo delle azioni della società è sceso al di sotto di $0.10 per dieci giorni di negoziazione consecutivi, violando la Regola sulle azioni a basso prezzo della Nasdaq. Inoltre, YAAS era stato precedentemente avvertito della non conformità al minimo prezzo di $1.00 il 13 agosto 2025.
In risposta, la società ha annunciato una consolidamento azionario di 1 azione ogni 80 che avrà effetto dal 30 settembre 2025, riducendo le azioni ordinarie in circolazione da circa 171,3 milioni a 2,1 milioni. Il consolidamento punta a ritrovare la conformità ai requisiti della Nasdaq. Youxin intende presentare ricorso contro la decisione di delisting, il che sospenderà la sospensione in attesa della decisione della Panel.
Youxin Technology (Nasdaq: YAAS) ha recibido una determinación de deslistar de Nasdaq debido al incumplimiento de los requisitos de cotización. El precio de sus acciones cayó por debajo de $0.10 durante diez días hábiles consecutivos, violando la Regla de Acciones de Bajo Precio de Nasdaq. Además, YAAS ya había sido informado previamente de incumplimiento con el requisito mínimo de oferta de $1.00 el 13 de agosto de 2025.
En respuesta, la empresa ha anunciado una consolidación de acciones de 1 por 80 que entrará en vigor el 30 de septiembre de 2025, la cual reducirá las acciones en circulación de Class A de aproximadamente 171,3 millones a 2,1 millones. La consolidación tiene como objetivo recuperar el cumplimiento de los requisitos de Nasdaq. Youxin planea apelar la determinación de des-listing, lo que suspenderá la suspensión hasta la decisión del Panel.
Youxin Technology (Nasdaq: YAAS)는 상장 요건 위반으로 인해 나스닥의 상장폐지 결정서를 받았습니다. 회사 주가는 연속 10거래일 동안 주당 $0.10 미만으로 떨어져 나스닥의 저가주 규정을 위반했습니다. 또한 YAAS는 2025년 8월 13일에 $1.00 최소 호가 요건 위반 사실에 대해 사전에 통보받았습니다.
이에 대해 회사는 2025년 9월 30일부로 1대 80 주식 합병을 발표했으며, 이로써 유통 주식 수를 약 1억7130만 주에서 210만 주로 감소시킵니다. 합병의 목적은 나스닥 요건 준수를 다시 확보하는 것입니다. Youxin은 상장폐지 결정에 대해 이의를 제기할 계획이며, 이는 패널의 결정이 있을 때까지 거래 정지가 유지됩니다.
Youxin Technology (Nasdaq: YAAS) a reçu une décision de radiation de Nasdaq pour non-respect des critères d’inscription. Le cours de l’action est tombé en dessous de $0,10 pendant dix jours de bourse consécutifs, violant la règle Nasdaq sur les actions à faible prix. De plus, YAAS avait déjà été informé, le 13 août 2025, du non-respect de l'exigence de cotation minimale de 1,00 $.
En réponse, la société a annoncé une fusion de 1 pour 80 qui prendra effet le 30 septembre 2025, ce qui réduira le nombre d’actions ordinaires en circulation d’environ 171,3 millions à 2,1 millions. Cette consolidation vise à rétablir la conformité avec les exigences de Nasdaq. Youxin prévoit de faire appel de la décision de radiation, ce qui suspendra la suspension jusqu’à la décision du Panel.
Youxin Technology (Nasdaq: YAAS) hat eine Delisting-Entscheidung von Nasdaq aufgrund von Nicht-Einhaltung der Listing-Anforderungen erhalten. Der Aktienkurs des Unternehmens fiel in zehn aufeinanderfolgenden Handelstagen unter $0,10, was gegen die Low-Priced Stocks Rule von Nasdaq verstößt. Darüber hinaus wurde YAAS bereits am 13. August 2025 auf die Nichteinhaltung der $1,00 Mindest-Bid-Anforderung hingewiesen.
Als Reaktion hat das Unternehmen eine 1-für-80-Aktienkonsolidierung angekündigt, die am 30. September 2025 in Kraft tritt und die ausstehenden Class-A-Aktien von ca. 171,3 Mio. auf 2,1 Mio. verringern wird. Die Konsolidierung zielt darauf ab, die Einhaltung der Nasdaq-Anforderungen wiederherzustellen. Youxin plant, gegen die Delisting-Entscheidung Berufung einzulegen, was die Aussetzung bis zur Entscheidung des Panels aussetzt.
Youxin Technology (Nasdaq: YAAS) حصلت على قرار شطب من Nasdaq بسبب عدم الامتثال لمتطلبات الإدراج. انخفض سعر سهم الشركة إلى $0.10 لأربعة عشر يوماً تداولياً؟ في النص الأصلي عشر أيام. وهو من أنظمة الأسهم منخفضة السعر في Nasdaq. بالإضافة إلى ذلك، تم إخطار YAAS مسبقاً بعدم الامتثال لمتطلبات الحد الأدنى للسعر $1.00 في 13 أغسطس 2025.
رداً على ذلك، أعلنت الشركة عن دمج أسهم 1 مقابل 80 سيدخل حيز التنفيذ في 30 سبتمبر 2025، مما سيخفض عدد الأسهم Class A المتداولة من نحو 171.3 مليون إلى 2.1 مليون. يهدف الدمج إلى استعادة الامتثال لمتطلبات Nasdaq. تخطط Youxin لتقديم استئناف ضد قرار الشطب، وهو ما سيوقف التجميد حتى قرار اللجنة.
Youxin Technology (Nasdaq: YAAS) 已收到来自纳斯达克的退市决定,原因是未能符合上市要求。公司股价已连续十个交易日 低于 $0.10,违反纳斯达克的低价股规则。此外,YAAS 于 2025 年 8 月 13 日 曾被通知未符合 $1.00 最低竞价要求。
为此,公司宣布将于 2025 年 9 月 30 日实施 1 比 80 的股票合并,使流通在外的 A 股股票数从大约 1.713 亿股降至 210 万股。此次合并旨在重新符合纳斯达克的要求。Youxin 将对退市决定提出上诉,该上诉将使暂停在仲裁小组作出决定前保持。
- Company taking immediate action with 1-for-80 share consolidation to address listing compliance
- Appeal process will temporarily prevent immediate delisting and trading suspension
- Operations remain unaffected by the delisting notice
- Stock price fell below $0.10 for ten consecutive trading days
- Company faces potential delisting from Nasdaq
- Non-compliance with $1.00 minimum bid requirement
- Significant share consolidation may impact stock liquidity
Insights
YAAS faces Nasdaq delisting due to price non-compliance, implementing 1-for-80 reverse split while appealing decision.
Youxin Technology's receipt of a Nasdaq delisting determination represents a critical regulatory challenge for the company. The Staff Determination Notice follows the stock trading below
The company's board has approved a 1-for-80 share consolidation effective September 30, a drastic measure designed to boost the share price artificially. This will reduce outstanding Class A shares from approximately 171.3 million to just 2.1 million, while changing the authorized share count from 400 million to 5 million. The consolidation will also increase the par value to
From a regulatory perspective, the company's appeal will temporarily stay the suspension that would have occurred on October 1. This hearing request buys Youxin time to implement its reverse split and potentially regain compliance. However, reverse splits of this magnitude (80:1) often signal severe underlying financial distress. While technically allowing continued listing, they frequently fail to address fundamental business challenges, instead merely treating the symptom (low share price) rather than the cause.
The consolidation mechanics include rounding up fractional shares to the next whole share, which slightly benefits small shareholders but dilutes the overall equity minimally. The change in CUSIP number (to G9876W112) is standard procedure for such corporate actions.
GUANGZHOU, CHINA, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (Nasdaq: YAAS) (the “Company” or “Youxin Technology”), 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 the Company received a staff determination notice (the “Staff Determination Notice”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on September 22, 2025, notifying the Company of the Staff’s determination to delist the Company’s securities under Listing Rule 5810(c)(3)(A)(iii) because as of September 19, 2025, the Company’s Class A ordinary shares had a closing bid price below
On August 13, 2025, the Company received a letter from the Nasdaq (the “Letter”), notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq (the “Minimum Bid Requirement”) because the closing bid price of the Company’s Class A ordinary shares was below the minimum of
Nasdaq Listing Rule 5810(c)(3)(A)(iii) states that if during any compliance period specified in Rule 5810(c)(3)(A) a Company’s security has a closing bid price of
On September 15, 2025, the Company’s Board approved to effect a share consolidation of the Company’s Class A ordinary shares at the ratio of one-for-eighty with the market effective date of September 30, 2025. The objective of the share consolidation is to enable the Company to regain compliance with the Minimum Bid Requirement and the Low Priced Stocks Rule.
Beginning with the opening of trading on September 30, 2025, the Company’s Class A ordinary shares will trade on the NASDAQ Capital Market on a split-adjusted basis, under the same symbol “YAAS” but under a new CUSIP Number, G9876W112.
The share consolidation will reduce the number of Class A ordinary shares issued and outstanding from approximately 171,264,988 to approximately 2,140,813 (subject to adjustment due to the effect of rounding up fractional shares into whole shares). The authorized number of Class A ordinary shares will be reduced by the same ratio from 400,000,000 to 5,000,000. The new par value will be
As a result of the share consolidation, each eighty pre-split ordinary shares outstanding will automatically combine and convert to one issued and outstanding Class A ordinary share without any action on the part of the shareholder. No fractional ordinary shares will be issued to any shareholders in connection with the share consolidation. The total number of Class A ordinary shares to be received by each shareholder will be rounded up to the next whole Class A ordinary share that would have resulted from the share consolidation.
The Company’s operations are not affected by the receipt of the Staff Determination Notice. The Company intends to timely appeal Nasdaq’s determination to the Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company’s hearing request will stay the Suspension and the filing of the Form 25-NSE pending the Panel’s decision.
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
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
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
