Corporate ActionJun 30, 2026, 06:07 AM
Youxin Technology Launches At-The-Market Offering for $6.35M
AI Summary
Youxin Technology Ltd has entered into a Sales Agreement with Aegis Capital Corp. to potentially issue and sell Class A ordinary shares. The aggregate gross sales price for these shares can be up to $6,355,771. The sales will be conducted as an "at-the-market offering" on Nasdaq, with the company paying a 3.0% commission on gross proceeds to the Sales Agent. The company is not obligated to sell any shares under this agreement.
Key Highlights
- Entered into a Sales Agreement with Aegis Capital Corp. on June 25, 2026.
- May issue and sell Class A ordinary shares with an aggregate gross sales price of up to $6,355,771.
- Sales will be made through an "at-the-market offering" on The Nasdaq Capital Market.
- Company is not obligated to sell any Class A Shares under the agreement.
- Will pay the Sales Agent a commission equal to 3.0% of the gross proceeds from sales.
Price Impact
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