STOCK TITAN

Youxin Technology (NASDAQ: YAAS) appeals Nasdaq delisting after low-priced stock trigger

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Youxin Technology Ltd reports Nasdaq listing compliance issues and a partial improvement. In August 2025, Nasdaq notified the company that it failed both the minimum bid price requirement under Listing Rule 5550(a)(2) and the stockholders’ equity standard under Listing Rule 5550(b)(2). Because the closing bid was $0.10 or less for ten consecutive trading days as of September 19, 2025, the shares became subject to Nasdaq’s Low Priced Stocks Rule and a delisting notice was issued. The company appealed this determination on September 29, 2025, which stays the delisting and allows trading to continue. On October 2, 2025, Nasdaq confirmed that stockholders’ equity had risen above $2.5 million, closing the deficiency under Listing Rule 5550(b), although the minimum bid price and Low Priced Stocks Rule issues remain.

Positive

  • None.

Negative

  • Nasdaq delisting risk due to low share price: Youxin’s stock traded at a closing bid of $0.10 or less for ten consecutive days by September 19, 2025, triggering Nasdaq’s Low Priced Stocks Rule and resulting in a delisting notice, which is a materially adverse listing development.

Insights

Youxin faces Nasdaq delisting risk but has restored its equity compliance.

Youxin Technology Ltd received Nasdaq deficiency letters in August 2025 for failing the minimum bid price rule 5550(a)(2) and the stockholders’ equity requirement under rule 5550(b)(2). A subsequent closing bid at or below $0.10 for ten consecutive trading days triggered Nasdaq’s Low Priced Stocks Rule 5810(c)(3)(A)(iii) and led to a delisting notice.

The company appealed to a Hearings Panel on September 29, 2025, which keeps its shares trading on The Nasdaq Capital Market while the appeal is pending. Nasdaq later determined that stockholders’ equity exceeded $2.5 million, bringing the company back into compliance with Listing Rule 5550(b) and closing that specific deficiency.

The key remaining challenge is the bid price and low-priced stock status. The ultimate outcome depends on the Panel’s decision and whether the company can raise its share price to satisfy Nasdaq’s minimum bid requirement. Subsequent company disclosures and Nasdaq communications will clarify whether the listing can be maintained.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

Commission File Number: 001-42442

 

YOUXIN TECHNOLOGY LTD

 

Room 1005, 1006, 1007, No. 122 Huangpu Avenue West,

Tianhe District, Guangzhou, Guangdong Province

People’s Republic of China

Tel: +86 13631357745

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Explanatory Note:

 

On August 13, 2025, Youxin Technology Ltd (the “Company”) received two deficiency letters (the “Notice(s)”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company (i) that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and (ii) that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(2).

 

Staff subsequently determined that as of September 19, 2025, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). As a result, the Company received a delisting notice from The Nasdaq Capital Market.

 

On September 29, 2025, the Company appealed the Staff’s determination to a Hearings Panel (the “Panel”). As previously noted, the filing of the appeal stays the delisting, and the Company’s shares continue to trade on Nasdaq.

 

On October 2, 2025, the Company received a letter from Nasdaq stating that, based on evidence that stockholders’ equity increased to more than $2.5 million, Staff determined that the Company is in compliance with Nasdaq Listing Rule 5550(b) and the deficiency pursuant to Nasdaq listing Rule 5550(b)(2) is closed.

 

Exhibit

Number

  Description of Exhibit
99.1   Press Release dated October 3, 2025

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Youxin Technology Ltd
     
Date: On October 3, 2025 By: /s/ Shaozhang Lin
  Name: Mr. Shaozhang Lin
  Title: Chief Executive Officer

 

 

 

FAQ

What Nasdaq listing issues did Youxin Technology Ltd (YAAS) disclose in this 6-K?

Youxin disclosed that Nasdaq found it non-compliant with the minimum bid price rule 5550(a)(2) and the stockholders’ equity standard 5550(b)(2), and that a subsequent $0.10-or-less bid price streak triggered the Low Priced Stocks Rule and a delisting notice.

How did Youxin Technology Ltd (YAAS) respond to Nasdaq’s delisting notice?

Youxin appealed Nasdaq staff’s delisting determination to a Hearings Panel on September 29, 2025. This appeal automatically stays the delisting process, so the company’s shares continue trading on The Nasdaq Capital Market while the Panel reviews the case and issues its decision.

Is Youxin Technology Ltd (YAAS) back in compliance with any Nasdaq requirements?

Yes. On October 2, 2025, Nasdaq staff informed Youxin that stockholders’ equity had increased to more than $2.5 million, restoring compliance with Listing Rule 5550(b). Nasdaq closed the deficiency related to rule 5550(b)(2), although minimum bid price and Low Priced Stocks Rule concerns still apply.

What is Nasdaq’s Low Priced Stocks Rule and how does it affect Youxin (YAAS)?

Nasdaq’s Low Priced Stocks Rule 5810(c)(3)(A)(iii) applies when a company’s securities close at $0.10 or less for a set period. Youxin’s shares met this condition over ten consecutive trading days, causing Nasdaq to subject the stock to the rule and issue a delisting notice.

Does Youxin Technology Ltd (YAAS) remain listed on Nasdaq after this 6-K?

Yes, for now. By appealing the delisting notice on September 29, 2025, Youxin secured a stay of the delisting. As a result, its shares continue trading on The Nasdaq Capital Market while the Hearings Panel considers the appeal and any further compliance steps.

What financial threshold did Youxin (YAAS) meet to regain part of its Nasdaq compliance?

Youxin demonstrated that stockholders’ equity exceeded $2.5 million, satisfying Nasdaq Listing Rule 5550(b). Nasdaq staff accepted this evidence and, in an October 2, 2025 letter, confirmed that the prior deficiency under rule 5550(b)(2) was closed, narrowing the compliance issues.
Youxin Technology Ltd

NASDAQ:YAAS

YAAS Rankings

YAAS Latest News

YAAS Latest SEC Filings

YAAS Stock Data

15.88M
3.77M
Software - Application
Technology
Link
China
Guangzhou