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Youxin Technology Secures ~$4.48M Gross Proceeds From Warrant Exercises Tied To September 2025 Offering

Benzinga·11/13/2025 13:18:38
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Youxin Technology Ltd (NASDAQ:YAAS) (the "Company"), a software as a service ("SaaS") and platform as a service ("PaaS") provider committed to helping retail enterprises digitally transform their businesses, today 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 (exercise prices US $5.368) and 534 Series B Common Warrants (exercise price US $0.0008) outstanding.