YY Group Announces Pricing of Registered Offering of Ordinary Shares and Warrants
Rhea-AI Summary
YY Group (Nasdaq: YYGH) has announced the pricing of a registered offering of 6,666,668 ordinary shares at $0.60 per share, along with warrants to purchase 10,000,002 ordinary shares at an exercise price of $0.80 per share with a 3.5-year term.
The offering is expected to generate gross proceeds of approximately $4.0 million (before expenses and excluding warrant exercise), which will be used for working capital and general corporate purposes. The offering is anticipated to close around September 11, 2025, with FT Global Capital serving as the exclusive placement agent.
Positive
- Expected gross proceeds of $4.0 million to strengthen working capital
- Warrants provide potential for additional future funding if exercised
Negative
- Significant dilution for existing shareholders
- Offering price of $0.60 per share indicates potential discount to market price
- Large number of warrants (10M) could create additional future dilution
News Market Reaction
On the day this news was published, YYGH declined 63.57%, reflecting a significant negative market reaction. Argus tracked a peak move of +15.9% during that session. Argus tracked a trough of -63.6% from its starting point during tracking. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $77M from the company's valuation, bringing the market cap to $44M at that time. Trading volume was exceptionally heavy at 85.1x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Singapore, Sept. 10, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (Nasdaq: YYGH) (“YY Group” or the “Company”) today announced the pricing of a registered offering consisting of 6,666,668 ordinary shares at a purchase price of
The Company expects to use the net proceeds from this offering for working capital and general corporate purposes.
The offering is expected to close on or about September 11, 2025, subject to the satisfaction of customary closing conditions. The offering is being made pursuant to the Company’s shelf registration statement on Form F-3 (File No. 333-286705), which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 23, 2025, and declared effective on April 30, 2025. A prospectus supplement and accompanying base prospectus describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov.
FT Global Capital, Inc. is acting as the exclusive placement agent for the offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including those regarding YY Group Holding Limited’s beliefs and expectations about its business strategy, growth outlook, and operational plans are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to: (i) fluctuations in Singapore’s IFM market and its impact on asset values, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) anticipated growth strategies and integration plans, (v) regulatory changes or governmental approvals, and (vi) future business development, operational results, and financial performance of YY Group Holding Limited. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no obligation to update such information, except as required under applicable law.
About YY Group Holding Limited:
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.
Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence across Asia, Europe, the Middle East, and other international markets, including the UK, Germany, and Australia.
Listed on the Nasdaq Capital Market, YY Group Holding Limited is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.
For more information on the Company, please visit https://yygroupholding.com/.
Investor Contacts
Jason Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
Mark Niu, Chief Strategy Officer,
YY Group
mark.niu@yygroupholding.com