Recent Updates — YYAI
AiRWA Inc. received a deficiency notice from Nasdaq on August 24, 2026, for failing to timely file its Annual Report on Form 10-K for the fiscal year ended April 30, 2026. The delay resulted from difficulties consolidating financial results following a significant acquisition. The company has until October 23, 2026, to submit a compliance plan and may receive an extension until January 25, 2027, to file the report. Nasdaq stated the notice has no immediate effect on trading or listing status, though there is no assurance of regained compliance. AiRWA Inc. operates in the artificial intelligence sector, providing end-to-end data-to-AI services and engaging in international trading.
AiRWA Inc. filed a Certificate of Amendment with the Delaware Secretary of State on August 14, 2026, effecting a 1-for-20 reverse stock split of its common stock. The transaction became effective at 12:01 a.m. Eastern time on August 17, 2026, reducing outstanding shares from approximately 91.6 million to roughly 4.58 million. Fractional shares are rounded up to whole shares rather than being cashed out. Trading began on a split-adjusted basis at market open on the effective date under ticker YYAI with new CUSIP 831445705. AiRWA Inc. is an AI-specialist company providing end-to-end services for data generation, model refinement, and operational feedback, including tokenization of real-world assets.
AiRWA Inc. completed its acquisition of Hongkong Best Life Trade Co., Limited on July 30, 2026, paying the seller US$30 million in USDT to acquire 100% of Best Life’s holding company and a 97% equity interest in Best Life itself. The remaining $20 million base purchase price is payable within 90 days, with additional contingent earn-out payments tied to revenue milestones. AiRWA Inc. operates in the artificial intelligence sector, providing end-to-end data and model services.
AiRWA Inc. entered into a share purchase agreement on July 27, 2026, to acquire a 97% interest in Hongkong Best Life Trade Co., Limited for a base consideration of $50 million, payable in USDT or cash. The transaction includes potential earn-out payments of $30 million if 2026 revenue targets are met and $50 million if 2027 revenue targets are met. AiRWA Inc. is an AI-specialist company providing data training and technology licensing services.
AiRWA Inc. announced the resignation of director Chenlong Liu, effective July 10, 2026, which was not due to any disagreement with the company. The Board appointed Guibao Ji, the current CFO, and Alejandro Quiles to the Board on July 15, 2026, with Mr. Quiles will serve as the chairman of the Compensation Committee and a member of the Audit and Nominating and Corporate Governance Committees. Alejandro Quiles will receive $15,000 per quarter in cash compensation for his board service. AiRWA Inc. operates in the technology sector and provides specialized services to its clients.
On June 2, 2026, AiRWA Inc. announced the immediate resignation of Chairman of the Board, Hongyu Zhou, who resigned without any disagreement with the Company'://summary