[6-K] YD Bio Ltd Current Report (Foreign Issuer)
YD Bio Limited reported changes to its board and audit committee. On October 27, 2025, the board accepted the resignation of independent director and Audit Committee chair Joseph Hing Lung Tseng, who left purely for personal reasons and not due to any disagreement with the company. On November 13, 2025, the board appointed Jerry Yin-Chia Lee as an independent director and new Audit Committee chair. Mr. Lee is an experienced finance professional and founder of Gravity Capital Investment Company, with extensive board roles in biotech and healthcare companies. The company also disclosed that Jan Hall no longer qualifies as an independent director, and under Nasdaq Listing Rule 5605(c)(4)(B) the company has 180 days from the notice date to regain compliance with Nasdaq’s audit committee independence requirements.
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Insights
YD Bio refreshes audit leadership but must cure a Nasdaq audit committee independence issue within the allotted period.
YD Bio Limited accepted the resignation of its prior independent director and Audit Committee chair, Joseph Hing Lung Tseng, citing purely personal reasons with no disputes over operations or policies. On the same timeline, the board appointed Jerry Yin-Chia Lee as an independent director and new Audit Committee chair, bringing experience as founder of Gravity Capital Investment Company and as a board member across multiple biotech and healthcare businesses.
The company also disclosed that Jan Hall no longer qualifies as an independent director, triggering a notice under Nasdaq Listing Rule 5605(c)(4)(B). This rule gives the company
FAQ
What board changes did YD Bio Limited (YDES) announce?
YD Bio Limited announced that independent director and Audit Committee chair Joseph Hing Lung Tseng resigned for personal reasons, and that Jerry Yin-Chia Lee was appointed as an independent director and the new Audit Committee chair, effective November 13, 2025.
Why did YD Bio Limited’s audit committee chair resign?
Joseph Hing Lung Tseng resigned as an independent director and Audit Committee chair effective October 27, 2025, and the company stated that his resignation was purely for personal reasons and did not arise from any dispute or disagreement with the company or its practices.
Who is the new Audit Committee chair at YD Bio Limited (YDES)?
The new Audit Committee chair is Jerry Yin-Chia Lee, age 52, an independent director who founded and manages Gravity Capital Investment Company and has extensive experience serving on boards of biotech and healthcare companies.
What Nasdaq listing issue did YD Bio Limited disclose?
YD Bio Limited disclosed that Jan Hall no longer qualifies as an independent director, and that under Nasdaq Listing Rule 5605(c)(4)(B) the company has 180 days from the notice event to regain compliance with Nasdaq Listing Rule 5605(c)(2) regarding audit committee independence.
Does YD Bio Limited mention any disagreements related to the director resignation?
The company states that Mr. Tseng’s resignation was purely for personal reasons and does not stem from any dispute or disagreement with the company, the board, or any matter related to its operations, policies, or practices.
Are there any related-party or conflict-of-interest concerns disclosed for the new director at YD Bio Limited?
The company states that there are no arrangements or understandings with other persons pursuant to which Mr. Lee was elected, no family relationships between him and any director or executive officer, and that he has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.