YY Group Holding Limited entered into a Supplemental Agreement with the holder of its $5.94 million Convertible Promissory Notes to cancel the second tranche of financing and all outstanding warrants, simplifying its capital structure. The agreement requires the Company to repay the remaining redemption amount of $1,366,452.50 by December 31, 2026, with 50% of gross ATM proceeds and net Subsequent Financing proceeds applied toward this balance. Failure to repay constitutes an Event of Default triggering a 25% per annum interest rate. The Company operates in the AI-enabled workforce management and integrated facility management industry.
