Gua gzhou, Chi a, July 27, 2026 (GLOBE NEWSWIRE) — Youxi Tech ology Ltd (Nasdaq: YAAS) (“Youxi Tech ology” o the “Compa y”), a softwa e as a se vice (“SaaS”) a d platfo m as a se vice (“PaaS”) p ovide committed to helpi g etail e te p ises digitally t a sfo m thei busi esses, today a ou ced that the Compa y’s boa d of di ecto s has app oved a sha e co solidatio of the Compa y’s Class A o di a y sha es at a atio of o e-fo -five, with a expected ma ket effective date of July 30, 2026. The objective of the sha e co solidatio is to i c ease the pe -sha e t adi g p ice of the Compa y’s Class A o di a y sha es a d p ovide the Compa y with g eate flexibility to suppo t the co ti ued listi g a d ma ketability of its secu ities.
Begi i g with the ope i g of t adi g o July 30, 2026, the Compa y’s Class A o di a y sha es will t ade o the NASDAQ Capital Ma ket o a split-adjusted basis, u de the same symbol “YAAS” but u de a ew CUSIP Numbe , G9876W138.
The sha e co solidatio will educe the umbe of the Compa y’s Class A o di a y sha es issued a d outsta di g f om app oximately 33,846,647 to app oximately 6,769,330 (subject to adjustme t due to the effect of ou di g up f actio al sha es i to whole sha es). The autho ized umbe of Class A o di a y sha es will be educed by the same atio, f om 204,750,000 to 40,950,000, a d the pa value of each Class A o di a y sha e will i c ease f om US$0.008 to US$0.04. The Compa y’s autho ized sha e capital will emai US$1,640,000, divided immediately followi g the sha e co solidatio i to 40,950,000 Class A o di a y sha es of a pa value of US$0.04 each a d 20,000,000 Class B o di a y sha es of a pa value of US$0.0001 each. The Compa y’s Class B o di a y sha es a e ot bei g co solidated a d a e ot affected by the sha e co solidatio .
As a esult of the sha e co solidatio , each five p e-split o di a y sha es outsta di g will automatically combi e a d co ve t to o e issued a d outsta di g Class A o di a y sha e without a y actio o the pa t of the sha eholde . No f actio al o di a y sha es will be issued to a y sha eholde s i co ectio with the sha e co solidatio . The total umbe of Class A o di a y sha es to be eceived by each sha eholde will be ou ded up to the ext whole Class A o di a y sha e that would have esulted f om the sha e co solidatio .
About Youxi Tech ology LtdYouxi Tech ology Ltd is a SaaS a d PaaS p ovide committed to helpi g etail e te p ises digitally t a sfo m thei busi esses th ough its cloud-based SaaS p oduct a d PaaS platfo m. The Compa y p ovides customized, comp ehe sive a d fast-deployme t om icha el digital solutio s to its custome s. Fo mo e i fo matio , please visit the Compa y’s website: https://i .youxi .cloud.
Fo wa d-Looki g Stateme tsCe tai stateme ts i this a ou ceme t a e fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o the Compa y’s cu e t expectatio s a d p ojectio s about futu e eve ts that the Compa y believes may affect its fi a cial co ditio , esults of ope atio s, busi ess st ategy a d fi a cial eeds. I vesto s ca ide tify these fo wa d-looki g stateme ts by wo ds o ph ases such as “app oximates,” “assesses,” “believes,” “hopes,” “expects,” “a ticipates,” “estimates,” “p ojects,” “i te ds,” “pla s,” “will,” “would,” “should,” “could,” “may” o simila exp essio s. The Compa y u de takes o obligatio to update o evise publicly a y fo wa d-looki g stateme ts to eflect subseque t occu i g eve ts o ci cumsta ces, o cha ges i its expectatio s, except as may be equi ed by law. Although the Compa y believes that the expectatio s exp essed i these fo wa d-looki g stateme ts a e easo able, it ca ot assu e you that such expectatio s will tu out to be co ect, a d the Compa y cautio s i vesto s that actual esults may diffe mate ially f om the a ticipated esults a d e cou ages i vesto s to eview othe facto s that may affect its futu e esults i the Compa y’s egist atio stateme t a d othe fili gs with the SEC. Refe e ces a d li ks (i cludi g QR codes) to websites have bee p ovided as a co ve ie ce, a d the i fo matio co tai ed o such websites is ot i co po ated by efe e ce i to this p ess elease.
Fo mo e i fo matio , please co tact:
Youxi Tech ology LtdI vesto Relatio s Depa tme tEmail: i @youxi .cloud
About Web3Wire Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming. Visit Web3Wire for Web3 News and Events,Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
The Falco -234CGH is a 2MP O semi AR0234 global shutte autofocus USB 3.2 GEN 1 came a built fo patie t fall detectio i hospital wa ds. It combi es simulta eous pixel exposu e, closed-loop autofocus, a d ative UVC complia ce to give edge AI visio platfo...
CLEVELAND, July 27, 2026 (GLOBE NEWSWIRE) -- Pa ke Ha ifi Co po atio (NYSE: PH), the global leade i motio a d co t ol tech ologies, today a ou ced that it will elease its fiscal 2026 fou th qua te a d full yea ea i gs befo...
Va couve , BC, July 27, 2026 (GLOBE NEWSWIRE) -- SalesClose Tech ologies Ltd. (“SalesClose ” o the “Compa y”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a compa y specializi g i auto omous AI sales tech ology, today a ou ced a e gageme t, sig ed o Ju...
The Me li -662CRS is a 2MP So y Sta vis IMX662 USB 2.0 Came a built fo OEM develope s a d system i teg ato s who eed HDR imagi g a d dual e dpoi t UVC st eami g f om a si gle compact USB...
PipSy c, a sig al executio platfo m, has lau ched a AI copilot that co ects Claude a d ChatGPT to live MT5 a d cT ade accou ts th ough plai -la guage comma ds. WILMINGTON, DE / ACCESS Newswi e / July 27, 2026 / PipSy c,...
New Yo k City, NY, July 27, 2026 (GLOBE NEWSWIRE) -- As the umbe of eti ees i the U ited States co ti ues to i c ease, buildi g a mo e stable a d lo g-te m eti eme t asset allocatio has become a g owi...
INDIANAPOLIS, July 27, 2026 (GLOBE NEWSWIRE) -- iSolutio s, a leadi g p ovide of accou ts eceivable automatio a d payme t solutio s fo Dy amics 365, a d Bi a y St eam, a leadi g p ovide of embedded fi a cial solutio s fo Dy...
AUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- Today, LEO Tech ologies, lau ched Ve us Voice AI, a ew p oduct withi its Ve us AI platfo m that co ve ts i mate voice commu icatio s i to actio able i tellige ce to detect i mates e...
Dallas, U ited States, July 27, 2026 (GLOBE NEWSWIRE) -- G6 Hospitality, pa e t compa y of the Motel 6 a d Studio 6 b a ds, today a ou ced the lau ch of the Motel 6 plugi i ChatGPT, givi g t avele s a ew co...
SAN FRANCISCO, July 27, 2026 (GLOBE NEWSWIRE) -- Ka bo , the leadi g AI-powe ed accou ti g p actice ma ageme t softwa e, today a ou ced the elease of a ew esea ch epo t: The Futu e of Clie t T ust i the Age...
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy. I Agree