Youxin Technology (NASDAQ: YAAS) sets 1-for-80 reverse split
Rhea-AI Filing Summary
Youxin Technology Ltd received a Nasdaq staff determination to delist its securities after the closing bid price stayed at $0.10 or less for ten consecutive trading days as of September 19, 2025, triggering the Low Priced Stocks Rule. The company will appeal, which keeps its shares trading on the Nasdaq Capital Market while a hearings panel reviews the case.
To address Nasdaq’s Dollar Bid Rule and Low Priced Stocks Rule, the board approved a one-for-eighty share consolidation effective at the open of business on September 30, 2025. Class A ordinary shares will continue under the symbol YAAS with a new CUSIP. As of September 25, 2025, there were 171,264,988 Class A ordinary shares outstanding, which will become approximately 2,140,813 shares after the consolidation, with fractional shares rounded up.
The consolidation also reduces authorized Class A ordinary shares from 400,000,000 of US$0.0001 par value each to 5,000,000 of US$0.008 par value each, while Class B ordinary shares are unchanged.
Positive
- None.
Negative
- Nasdaq delisting determination and low-price trigger: Nasdaq staff determined to delist Youxin Technology’s securities after the closing bid price was $0.10 or less for ten consecutive trading days as of September 19, 2025, reflecting severe price pressure and listing risk.
- Highly dilutive-feel 1-for-80 reverse split and reduced share base: The board approved a one-for-eighty share consolidation effective September 30, 2025, cutting Class A ordinary shares from 171,264,988 to approximately 2,140,813 outstanding and sharply reducing authorized Class A shares, which materially changes capital structure.
Insights
Nasdaq delisting risk prompts a 1-for-80 reverse split at Youxin.
Youxin Technology Ltd has been notified that its securities are subject to delisting from the Nasdaq Capital Market because the closing bid was $0.10 or less for ten consecutive trading days as of September 19, 2025, triggering the Low Priced Stocks Rule under Listing Rule 5810(c)(3)(A)(iii). The company plans to appeal to a hearings panel, which keeps the shares trading and delays a Form 25-NSE suspension while the appeal is pending.
In response, the board approved a one-for-eighty share consolidation effective on September 30, 2025, explicitly to help meet Nasdaq’s Dollar Bid Rule and Low Priced Stocks Rule. This will reduce outstanding Class A ordinary shares from 171,264,988 as of September 25, 2025 to approximately 2,140,813, with fractional shares rounded up. The authorized Class A share count will also drop from 400,000,000 at US$0.0001 par value to 5,000,000 at US$0.008 par value.
The combination of a low trading price, delisting determination, and a large reverse split is generally unfavorable for existing holders because it signals listing pressure and restructures the share base significantly. Actual outcomes will depend on the panel’s decision and how the post-split share price behaves once the consolidation becomes effective on September 30, 2025.