YAAS News & Events

Youxin Technology announced that it has received approximately $4.48 million in gross proceeds from the exercise of warrants issued in the Company's September 2025 public offering. The exercises of warrants have resulted in the issuance of 1,752,134 Class A ordinary shares, adjusted retrospectively to reflect the Company's reverse stock split on September 30, 2025. Approximately 65% of the Series A Registered Common Warrants and 99% of the Series B Registered Common Warrants have now been exercised, leaving only 449,209 Series A Common Warrants and 534 Series B Common Warrants outstanding.

Youxin Technology completed the previously announced acquisition of Celnet Technology. The Acquisition marks a major milestone in advancing Youxin Technology and Celnet's strategic expansion and internationalization. Together, the two companies aim to deliver advanced AI-driven enterprise solutions leveraging existing large-model technologies. Following the closing of the Acquisition, Youxin Technology now holds 51% of the equity interests in Celnet. The Acquisition is expected to contribute approximately $1.3 million in revenue in the first half of fiscal year 2026, which would lead to a 376% increase in the Company's revenue compared to the same period in fiscal year 2025.

Youxin Technology announced that on October 17, 2025, the Company received a formal notice from The Nasdaq Stock Market confirming that the Company has regained compliance with the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Company is therefore in full compliance with the Nasdaq Capital Market's listing requirements. Consequently, the previously scheduled hearing before the Hearings Panel has been cancelled. The Company's securities will continue to be listed and traded on Nasdaq.

Youxin Technology received a formal notice from the Listings Qualifications Department of The Nasdaq Stock Market on October 2, confirming that the Company has regained compliance with Nasdaq stockholders' equity rule under Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5M in stockholders' equity. On September 30, the Company sent an email to Nasdaq evidencing stockholders' equity of more than $2.5M, based on which Nasdaq has determined that the Company complies with the Rules and this matter is now closed.