YY Group Announces US$20 Million At-The-Market Offering Facility

Rhea-AI Summary

YY Group (NASDAQ: YYGH) entered an At-The-Market (ATM) offering facility allowing sales of up to US$20,000,000 of Class A ordinary shares through Spartan Capital Securities and Wilson-Davis & Co.

According to the company, up to approximately $0.4 million of net proceeds may be used to satisfy certain outstanding debt, with remaining proceeds for general corporate purposes; sales may occur on Nasdaq or other markets and the company may suspend or terminate the offering at any time.

Positive

• ATM capacity of US$20,000,000
• Lead sales agent Spartan Capital named
• Up to $0.4M earmarked to pay outstanding debt

Negative

• Potential share dilution if shares are sold under the ATM
• Company not obligated to sell shares; offering may be suspended
• Majority of proceeds reserved for general corporate purposes (unspecified)

Key Figures

ATM capacity: US$20,000,000 Debt repayment allocation: US$0.4 million Rule reference: Rule 415 +4 more

7 metrics

ATM capacity US$20,000,000 Maximum Class A Ordinary Shares under new ATM facility

Debt repayment allocation US$0.4 million Portion of ATM net proceeds earmarked for debt obligations

Rule reference Rule 415 Defines "at the market offering" under the Securities Act

Shelf form Form F-3 Registration statement referenced for the ATM offering

File number 333-286705 SEC file number for the Form F-3 registration

Filing date April 23, 2025 Form F-3 filing date cited in the release

Effectiveness date April 30, 2025 Date the Form F-3 registration was declared effective

Market Reality Check

Price: $0.1901 Vol: Volume 174,687 is below t...

low vol

$0.1901 Last Close

Volume Volume 174,687 is below the 20-day average of 273,555, suggesting muted pre-news activity. low

Technical Shares at $0.1901 are trading below the 200-day MA of $1.01, reflecting a weak longer-term trend.

Peers on Argus

Sector peers showed mixed moves, with names like MRM and TRNR flagged in momentu...

2 Up 1 Down

Sector peers showed mixed moves, with names like MRM and TRNR flagged in momentum scans but moving in different directions. With YYGH up 3.37% and peer moves not aligned, the reaction appears stock-specific rather than a broad personal services sector rotation.

Previous Offering Reports

3 past events · Latest: Sep 12 (Neutral)

Same Type Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Sep 12	Offering closing	Neutral	+6.5%	Closed $4.0M registered direct offering with shares and warrants.
Sep 11	Offering amendment	Neutral	+21.3%	Amended terms of $4.0M registered direct share and warrant deal.
Sep 10	Offering pricing	Neutral	-63.6%	Priced $4.0M share and warrant offering with 3.5-year warrants.

Pattern Detected

Prior equity offerings for YYGH have produced volatile reactions, with one large selloff and two strong rallies; on average, same-tag events moved about -11.94%, skewed by a sharp decline.

Recent Company History

Over the past months YYGH has repeatedly tapped equity markets. In September 2025 it priced, amended, and then closed a registered offering around $4.0 million, involving ordinary shares and warrants. Price reactions ranged from a 21.29% gain to a 63.57% drop, underscoring sensitivity to financing terms. Today’s at-the-market facility continues that capital-raising pattern, following earlier steps such as warrant-related actions and balance sheet updates noted in recent filings and news.

Historical Comparison

-11.9% avg move · Past offering announcements for YYGH averaged a -11.94% move, with both sharp rallies and a major se...

offering

-11.9%

Average Historical Move offering

Past offering announcements for YYGH averaged a -11.94% move, with both sharp rallies and a major selloff; today’s modest 3.37% gain looks comparatively restrained.

Historical offering news shows a sequence from initial pricing to amended terms and final closing of a roughly $4.0M registered direct deal in September 2025.

Market Pulse Summary

This announcement details a new at-the-market facility of up to US$20,000,000, with a portion of pro...

Analysis

This announcement details a new at-the-market facility of up to US$20,000,000, with a portion of proceeds earmarked to repay about US$0.4 million of debt and the rest for general corporate use. It continues a pattern of financing activity seen in prior offerings and recent notes. Investors may want to track actual ATM usage, changes in share count, and how effectively any raised capital supports growth versus ongoing financing needs.

Key Terms

at the market offering, rule 415, form f-3, prospectus supplement

4 terms

at the market offering financial

"methods deemed to be an “at the market offering” as defined in Rule 415"

An at-the-market offering is a way a company raises cash by selling newly issued shares directly into the open market at prevailing prices, rather than all at once in a single deal. Think of it like turning a faucet on to drip shares into trading at current prices when needed; it gives the company flexibility to raise funds over time but can dilute existing shareholders and potentially affect the stock price, which investors should monitor.

rule 415 regulatory

"an “at the market offering” as defined in Rule 415 under the Securities Act"

Rule 415 is a U.S. Securities and Exchange Commission regulation that lets a company register securities ahead of time and then offer them for sale in pieces over an extended period under a “shelf” registration, so offerings can be launched quickly when market conditions suit the issuer. For investors, it signals that management has a ready way to raise capital fast—useful for seizing opportunities but potentially dilutive to existing shareholders, like a company pre-loading a credit line it can tap as needed.

form f-3 regulatory

"the Company's shelf registration statement on Form F-3 (File No. 333-286705)"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

prospectus supplement regulatory

"A prospectus supplement describing the terms of the offering will be filed"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

AI-generated analysis. Not financial advice.

SINGAPORE, Feb. 27, 2026 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has entered into an At The Market Sales Agreement (the "ATM Agreement") with Spartan Capital Securities, LLC ("Spartan") and Wilson-Davis & Co., Inc. (“WDCO,” and together with Spartan, the “Sales Agents”), pursuant to which the Company may offer and sell, from time to time, up to US$20,000,000 of its Class A Ordinary Shares through the Sales Agents, acting as sales agents.

Sales of the shares, if any, will be made at market prices by methods deemed to be an “at the market offering” as defined in Rule 415 under the Securities Act, including without limitation sales made directly on The Nasdaq Capital Market, on any other existing trading market for the Class A Ordinary Shares or to or through a market maker. The Sales Agents may also sell the Class A Ordinary Shares (i) in privately negotiated transactions with the consent of the Company or (ii) in block transactions. The Company is under no obligation to sell any shares under the ATM Agreement and may suspend or terminate the offering at any time. The Company expects to use (i) up to approximately $0.4 million of the net proceeds from this offering to satisfy certain outstanding debt obligations and (ii) any additional net proceeds from this offering for general corporate purposes, which may include business diversification and development initiatives and capital expenditures.

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 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.

Spartan Capital Securities, LLC is serving as the lead sales agent for the offering and Wilson-Davis & Co., Inc. is serving as an additional sales 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.

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 in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group 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/.

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 statements about the YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of 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) growth of the hospitality market in Hong Kong, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. 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 duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com 

FAQ

What is the size and purpose of YYGH's ATM offering announced Feb 28, 2026?

The ATM permits sales of up to US$20 million of Class A ordinary shares through sales agents. According to the company, proceeds will pay about $0.4 million of debt with remaining net proceeds for general corporate purposes and development.

How will YYGH sell shares under the ATM and where will sales occur?

Sales may occur at prevailing market prices on Nasdaq or other trading markets, or through market makers. According to the company, the Sales Agents may also sell in privately negotiated or block transactions with company consent.

Who are the sales agents for YYGH's US$20M ATM offering and who is lead agent?

Spartan Capital Securities and Wilson-Davis & Co. will serve as sales agents, with Spartan Capital acting as lead sales agent. According to the company, both firms will facilitate at-the-market sales under the ATM agreement.

What immediate financial impact will YYGH's ATM offering have on outstanding debt?

Approximately $0.4 million of net proceeds are expected to satisfy certain outstanding debt obligations. According to the company, any additional proceeds will be used for broader corporate purposes and capital expenditures.

Does YYGH have to sell shares under the ATM and can the offering be stopped?

No—YYGH is under no obligation to sell shares and may suspend or terminate the offering at any time. According to the company, the ATM provides flexibility to raise capital but does not require any issuances.