11:04 AM EDT, 09/08/2025 (MT Newswires) -- Youxin Technology ( YAAS ) said Monday it closed a public offering for gross proceeds of $6 million.
The offering comprised over 21.4 million common units, with each consisting of a common share, a series A common warrant to buy a common share exercisable at $0.28, and a series B common warrant to buy common shares at an exercise price of $0.00001, according to the company.
The series A common warrants are exercisable immediately and expire 60 months after the issue date, the company said.
Youxin ( YAAS ) offered Aegis Capital a 45-day overallotment option to buy additional common shares or investor warrants of up to 15% of the common shares, series A and B common warrants offered. The underwriter partially exercised the option to buy over 6.4 million warrants, according to a statement.
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