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Home Market Research Business

Youxin Technology announces 1-for-5 reverse share split (NASDAQ:YAAS)

by TheAdviserMagazine
14 minutes ago
in Business
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Youxin Technology announces 1-for-5 reverse share split (NASDAQ:YAAS)
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Youxin Technology (YAAS) approved a 1-for-5 reverse share split of its Class A ordinary shares, effective July 30, 2026.
The reverse split aims to increase the share price and support YAAS’s continued Nasdaq listing and marketability.
Outstanding Class A shares will decrease from about 33.85M to 6.77M.
Authorized Class A shares will be reduced from 204.75M to 40.95M.
The par value of each Class A share will increase from $0.008 to $0.04.
YAAS’s total authorized share capital remains unchanged at $1.64M.
Class B ordinary shares are not affected by the reverse share split.

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