Recent Updates — YAAS
Youxin Technology Ltd is seeking shareholder approval for a multi-step capital restructuring at its annual general meeting on November 6, 2026. The proposals include increasing authorized share capital to USD6.55 billion, executing a six-for-one reverse split of Class A shares, reducing par value via capital reduction and subdivision, and authorizing a second consolidation with a ratio between 10-to-1 and 100-to-1 contingent on Nasdaq notification. The company also seeks approval for director reappointments and auditor ratification. Youxin Technology Ltd operates in the technology sector.
Youxin Technology Ltd announced a 1-for-5 reverse stock split of its Class A ordinary shares, effective July 30, 2026. The consolidation will reduce the outstanding Class A ordinary shares from approximately 33,846,647 to approximately 6,769,330 and increase the par value per share from $0.008 to $0.04. The company aims to increase the per-share trading price to support continued NASDAQ listing and marketability. Youxin Technology Ltd is a SaaS and PaaS provider for retail enterprise digital transformation.
On July 14, 2026, Youxin Technology Ltd signed a non-binding term sheet with RiverBit Holding Limited to acquire a 10% minority equity interest in RiverBit at a pre-agreed valuation of $200,000,000 and an expected aggregate purchase consideration of $20,000,000. The investment is contingent upon RiverBit achieving 2,000 daily users and $100 million in daily trading volume within three months of its mid-August 2026 launch. Youxin Technology Ltd operates in the technology sector, focusing on decentralized trading platforms and blockchain infrastructure.
On June 25, 2026, Youxin Technology Ltd entered into a Sales Agreement with Aegis Capital Corp. to facilitate an at-the-market offering of Class A ordinary shares with an aggregate gross sales price of up to $6,355,771. The Sales Agent will receive a 3.0% commission on gross proceeds from any shares sold. Youxin Technology Ltd is a technology company providing digital services.