Youxin Technology announces share consolidation to regain Nasdaq compliance

Published 1 month ago Negative
Youxin Technology announces share consolidation to regain Nasdaq compliance
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* Youxin Technology (YAAS) announced [https://seekingalpha.com/pr/20246057-youxin-technology-ltd-receives-nasdaq-delisting-determination-plans-to-appeal-and-announces-1] that the company received a delisting notice from the Nasdaq Stock Market on September 22, 2025, as the Class A ordinary shares had a closing bid price below $0.10 for 10 consecutive trading days.
* Nasdaq has also notified the company on August 13, 2025, that it is not in compliance with the minimum bid price requirement because the closing bid price of the Company’s Class A ordinary shares was below the minimum of $1.00 per share for a period of 30 consecutive business days.
* To regain compliance with the minimum bid requirement and the low priced stocks rule, the board approved ordinary shares consolidation at the ratio of 1:80 with the market effective date of September 30, 2025.
* The share consolidation will reduce the number of Class A ordinary shares issued and outstanding from approximately 171,264,988 to approximately 2,140,813.
* The stock price was down 30% to $0.065 during intraday.

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* Financial information for   Youxin Technology Ltd [https://seekingalpha.com/symbol/YAAS/income-statement]