GUANGZHOU, CHINA, Sept. 08, 2025 — Youxin Technology Ltd (NASDAQ: YAAS) (the “Company”), a provider of software as a service (“SaaS”) and platform as a service (“PaaS”) dedicated to assisting retail enterprises in their digital transformation, today confirmed the completion of its previously announced public offering underwritten on a firm commitment basis. The Company garnered gross proceeds of approximately $6.0 million, prior to the deduction of underwriting fees and other related expenses borne by the Company. This offering concluded on September 8, 2025.
The offering comprised 21,428,571 Common Units, each made up of (i) one (1) Ordinary Share, (ii) one (1) Series A Registered Common Warrant allowing the purchase of one (1) Ordinary Share per warrant at an exercise price of $0.28 and (iii) one (1) Series B Registered Common Warrant allowing the purchase of Ordinary Shares at an exercise price of $0.00001. Each Common Unit was offered to the public at $0.28. The initial exercise price for each Series A Common Warrant is $0.28 per Ordinary Share. The Series A Common Warrants are immediately exercisable and will expire 60 months from their initial issuance date. The number of securities issuable under the Series A Common Warrant can be adjusted, as detailed further in the Form 6-K report submitted regarding this offering. The initial exercise price for each Series B Common Warrant is $0.00001 per Ordinary Share. The number of securities issuable under the Series B Common Warrant can be adjusted, as detailed further in the Form 6-K report submitted regarding this offering.
To address any over-allotments, if applicable, the Company granted Aegis Capital Corp. (“Aegis”) a 45-day option to purchase additional Ordinary Shares and/or Investor Warrants, specifically (i) up to 15.0% of the Ordinary Shares sold in the offering, (ii) up to 15.0% of the Series A Common Warrants sold in the offering, and (iii) up to 15.0% of the Series B Common Warrants sold in the offering. The purchase price for each additional Ordinary Share matches the public offering price of one Common Unit (minus $0.00001 assigned to each full warrant), less the underwriting discount. The purchase price for each additional Investor Warrant is $0.00001. On September 5, 2025, the Underwriter partially utilized its over-allotment option, acquiring an extra 3,214,286 Series A warrants and 3,214,286 Series B Warrants, totaling 6,428,572 warrants.
Aegis Capital Corp. served as the exclusive book-running manager for the offering. Kaufman & Canoles P.C. provided U.S. legal counsel to the Company. Sichenzia Ross Ference Carmel LLP served as U.S. legal counsel for Aegis Capital Corp.
A registration statement on Form F-1 (No. 333-289453) previously submitted to the U.S. Securities and Exchange Commission (the “SEC”) received effectiveness from the SEC on September 4, 2025. The offering was exclusively conducted via a prospectus. A final prospectus detailing the offering’s terms was lodged with the SEC and can be accessed on the SEC’s website located at . For electronic copies of the final prospectus supplement and the associated prospectus, please contact Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, via email at , or by calling +1 (212) 813-1010.
This press release does not represent an offer to sell or a request to buy these securities, furthermore, these securities will not be sold in any state or jurisdiction where such an offer, solicitation, or sale would be prohibited without prior registration or qualification under the relevant securities laws.
About Youxin Technology Ltd
Youxin Technology Ltd is a SaaS and PaaS provider dedicated to assisting retail businesses in their digital transformation by utilizing its cloud-based SaaS product and PaaS platform for the development, operation, and management of business applications, thereby eliminating the necessity for complex IT infrastructure acquisition. Youxin Technology offers tailored, extensive, and quickly deployable omnichannel digital solutions that integrate all commercial facets, including store advancements, distributed inventory management, cross-channel data integration, and a wide array of e-commerce functionalities such as mobile, social media, and web applications. The Company’s offerings enable mid-tier brand retailers to leverage offline direct distribution, linking management, distributors, sales personnel, stores, and end customers across various systems, applications, and devices. This equips retailers with a complete set of tools to resolve problems immediately by utilizing real-time sales data. Further details are available on the Company’s website: .
Forward-Looking Statements
This material may include “forward-looking statements” as defined by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended. Forward-looking statements encompass all declarations not exclusively pertaining to historical or present facts, encompassing, but not limited to, statements concerning the Company’s product evolution and business outlook, and are recognizable through terms like “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue,” or their negative counterparts, or other similar expressions. Such statements do not assure future actions or performance. These forward-looking statements draw upon information presently accessible to the Company and its existing plans or expectations, and they are susceptible to various risks and uncertainties that could substantially impact current strategies. If any of these risks or uncertainties actualize, or if the foundational assumptions prove inaccurate, actual outcomes could vary considerably from what was foreseen, believed, estimated, expected, intended, or planned. While the Company deems the expectations presented in the forward-looking statements to be reasonable, it cannot promise future results, performance, or achievements. Other than as mandated by applicable law, including U.S. securities laws, the Company has no intention to revise any forward-looking statements to align them with actual results.
For more information, please contact:
Youxin Technology Ltd.
Investor Relations Department
Email:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
