Youxin Technology files ATM offering prospectus up to $6,355,771

1 min read     Updated on 26 Jun 2026, 11:52 PM
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AI Summary

Youxin Technology Ltd filed a prospectus for an ATM offering of up to $6,355,771 in Class A ordinary shares, managed by Aegis Capital Corp. The sales agent receives a 3.0% commission, and shares trade on Nasdaq under YAAS.

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Youxin Technology Ltd has filed a prospectus supplement to sell Class A ordinary shares worth up to $6,355,771 through an At-The-Market (ATM) offering. The company entered into a sales agreement with Aegis Capital Corp to facilitate the sale of these shares, which are listed on the Nasdaq Capital Market under the symbol YAAS. The offering size is limited by the company's public float as calculated under Form F-3 regulations.

Sales Agreement and Terms

The sales agreement, dated June 25, 2026, allows Youxin Technology to offer and sell shares from time to time through Aegis as sales agent or principal. While the total potential offering under the agreement could reach $100,000,000, the current prospectus supplement limits the aggregate gross sales price to $6,355,771 due to public float restrictions. If the public float increases, the company intends to file a new prospectus supplement before selling additional shares.

Compensation and Structure

Aegis Capital Corp will act as the sales agent and is entitled to a commission of 3.0% on the gross proceeds of each sale. The agent is not obligated to sell a specific number or dollar amount of securities but will use commercially reasonable efforts consistent with normal trading practices. There are no arrangements for funds to be held in escrow, trust, or similar arrangements. The sales agent will be considered an underwriter under the Securities Act of 1933.

Trading Details

The Class A ordinary shares have a par value of $0.008 per share. On the date of the sales agreement, June 25, 2026, the closing price on the Nasdaq Capital Market was $0.8081 per share. The company has agreed to provide indemnification to the sales agent for certain liabilities under the Securities Act and the Securities Exchange Act of 1934.

Detail Information
Offering Type At-The-Market (ATM) Offering
Total Aggregate Gross Sales Price $6,355,771
Sales Agent Aegis Capital Corp
Commission Rate 3.0% of gross proceeds
Par Value per Share $0.008
Nasdaq Symbol YAAS
Closing Price (June 25, 2026) $0.8081

How will the proceeds from this ATM offering be allocated to support Youxin Technology's growth strategy?

What specific factors could lead to an increase in the company's public float to unlock the remaining $93.6 million offering capacity?

How might the continuous sale of shares under this ATM agreement impact the stock's liquidity and share price volatility?

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