Youxin Technology Ltd. Closes IPO and Resale Offering
Ticker: YAAS · Form: 6-K · Filed: Dec 26, 2024 · CIK: 1964946
Sentiment: bullish
Topics: ipo, offering, public-listing
TL;DR
Youxin Tech just closed its IPO and a resale offering on Dec 23rd. Big news!
AI Summary
Youxin Technology Ltd. announced the closing of its initial public offering (IPO) on December 23, 2024. The company issued 2,300,000 Class A ordinary shares, and an additional 1,875,000 shares were offered in a resale offering. This offering was conducted under a registration statement on Form F-1.
Why It Matters
The successful completion of an IPO provides Youxin Technology Ltd. with capital and increased public visibility, potentially impacting its future growth and stock performance.
Risk Assessment
Risk Level: medium — As a newly public company, Youxin Technology Ltd. faces the inherent risks associated with market volatility, execution of its business plan, and investor sentiment.
Key Numbers
- 2,300,000 — Shares in IPO (Number of Class A ordinary shares issued in the initial public offering.)
- 1,875,000 — Shares in Resale Offering (Number of shares offered in the accompanying resale offering.)
Key Players & Entities
- Youxin Technology Ltd. (company) — Registrant
- December 23, 2024 (date) — IPO Closing Date
- 2,300,000 (dollar_amount) — Class A ordinary shares in IPO
- 1,875,000 (dollar_amount) — Shares in resale offering
- Form F-1 (document) — Registration Statement
FAQ
What was the closing date of Youxin Technology Ltd.'s IPO and resale offering?
The Company closed its initial public offering and a resale offering on December 23, 2024.
How many Class A ordinary shares were issued in Youxin Technology Ltd.'s IPO?
The IPO involved the issuance of 2,300,000 Class A ordinary shares.
How many shares were part of the resale offering by Youxin Technology Ltd.?
An additional 1,875,000 shares were offered in a resale offering.
Under which form was Youxin Technology Ltd.'s registration statement filed?
The IPO and resale offering were conducted pursuant to the Company's registration statement on Form F-1.
What is the principal executive office address for Youxin Technology Ltd.?
The principal executive offices are located at Room 1005, 1006, 1007, No. 122 Huangpu Avenue West, Tianhe District, Guangzhou, Guangdong Province, People's Republic of China.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-12-26 06:10:28
Key Financial Figures
- $0.0001 — ,000 Class A ordinary shares, par value $0.0001 per share (the “Shares”) an
- $4.50 — ber 19, 2024. The Shares were priced at $4.50 per share, and the offering was conduct
Filing Documents
- form6-k.htm (6-K) — 22KB
- ex1-1.htm (EX-1.1) — 311KB
- ex4-1.htm (EX-4.1) — 104KB
- ex99-1.htm (EX-99.1) — 16KB
- ex99-2.htm (EX-99.2) — 15KB
- 0001493152-24-051966.txt ( ) — 469KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Youxin Technology Ltd Date: December 26, 2024 By: /s/ Shaozhang Lin Name: Mr. Shaozhang Lin Title: Chief Executive Officer EXHIBIT INDEX Exhibit No. Description 1.1 Underwriting Agreement dated December 19, 2024 between the Company and Aegis Capital Corp. 4.1 Representative’s Warrant 99.1 Press Release on Pricing of the Company’s Initial Public Offering 99.2 Press Release on Closing of the Company’s Initial Public Offering