YSX Tech (YSXT) sells 4M Class B shares to non‑U.S. investors
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
YSX Tech Co., Ltd completed a private issuance of 4,000,000 Class B ordinary shares at a subscription price of US$0.5 per share, totaling US$2,000,000 of subscribed capital. The board approved the issuance on May 8, 2026, and it was completed on May 21, 2026.
The shares were issued under Rule 903 of Regulation S, with subscribers confirming they are not U.S. residents or “U.S. persons” and are not acquiring the shares for any U.S. person. This report is incorporated by reference into the Company’s Form F-3 registration statement (File No. 333-293464).
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Negative
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Key Figures
Shares issued: 4,000,000 shares
Subscription price: US$0.5 per share
Aggregate subscription value: US$2,000,000
+1 more
4 metrics
Shares issued
4,000,000 shares
Class B ordinary shares issued May 2026
Subscription price
US$0.5 per share
Price for new Class B ordinary shares
Aggregate subscription value
US$2,000,000
4,000,000 shares at US$0.5 each
Regulation S rule
Rule 903
Exemption relied on for the share issuance
Key Terms
Regulation S, Rule 903, U.S. persons, Form F-3
4 terms
Regulation S regulatory
"The Class B ordinary shares in the share issuance were issued in reliance on Rule 903 of Regulation S promulgated under the Securities Act of 1933"
Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.
Rule 903 regulatory
"The Class B ordinary shares in the share issuance were issued in reliance on Rule 903 of Regulation S"
U.S. persons regulatory
"subscribers represented that they were not residents of the United States or “U.S. persons” as defined in Rule 902(k) of Regulation S"
"U.S. persons" are individuals or entities considered to be based in or subject to the laws of the United States. This includes U.S. citizens, residents, and certain organizations or businesses registered or organized under U.S. law. Recognizing who qualifies as a U.S. person is important for investors because it determines which rules, regulations, and tax obligations apply to them when dealing with financial transactions or investments across borders.
Form F-3 regulatory
"This Form 6-K is hereby incorporated by reference into the registration statements on Form F-3 of the Company"
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.
