Recent Updates — YFOR
YYForce Inc. entered into an At The Market Sales Agreement with Spartan Capital Securities, LLC on October 5, 2026. Under the terms of the agreement, the company may offer and sell Class A Ordinary Shares from time to time at its sole discretion, up to an aggregate offering price of $20 million. The sales agent will receive a placement fee of 3.75% of gross proceeds plus certain expenses. The company is not obligated to make any sales, and no assurance can be given regarding the timing or amount of shares sold. This facility allows for flexible capital raising through existing trading markets.
YYForce Inc. reported unaudited financial results for the six months ended June 30, 2026. Total revenue increased 26.8% year-over-year to $32,659,236, driven by a 62.4% rise in manpower outsourcing services and an 11.1% increase in integrated facility management (IFM) services. Gross profit declined approximately 22.7% to $3,299,847 as gross margins contracted from 16.6% to 10.1%, primarily due to higher labor costs. The company recorded a net loss of $7,062,813 compared to $8,195,986 in the prior year period. Operating cash outflows totaled $10,988,904, raising material uncertainty regarding the company's ability to continue as a going concern. To address liquidity needs, YYForce raised $18,549,719 through an At-The-Market equity offering and issued convertible notes with warrants. The company operates in the workforce solutions and integrated facility management industry.
YYForce Inc. appointed Andrew Davison as Chief Strategy Officer effective September 14, 2026, following an employment agreement dated that day with an annual base salary of SGD$156,000 (approximately US $123,000). Mr. Davison brings over 20 years of executive leadership experience in commercial strategy and operational scaling from previous roles at Lancia Consult, Slalom Consulting, BCS Consulting, and Morgan Stanley. He will spearhead corporate strategy, portfolio governance, and operational scaling initiatives to support international market expansion. This is a key executive hire aimed at accelerating corporate growth and platform capabilities.