Youxin Technology has regained compliance with Nasdaq's bid price requirement, canceling its scheduled hearing.
Quiver AI Summary
Youxin Technology Ltd announced on October 17, 2025, that it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a formal notice from Nasdaq. This means the company is currently in full compliance with the listing requirements of the Nasdaq Capital Market, leading to the cancellation of a previously scheduled hearing. Youxin Technology, a provider of SaaS and PaaS solutions aimed at aiding retail enterprises in their digital transformation, offers a comprehensive suite of tools that help retailers manage inventory, integrate data across channels, and connect various stakeholders effectively. The company's products focus on enabling mid-tier brand retailers to quickly address issues using real-time sales data.
Potential Positives
- Youxin Technology has regained compliance with Nasdaq's minimum bid price requirement, allowing the company to remain listed on the Nasdaq Capital Market.
- The cancellation of the scheduled hearing before the Hearings Panel indicates a positive resolution of previous issues regarding compliance.
- This compliance achievement may enhance investor confidence and market perception of the company.
Potential Negatives
- The press release highlights that the company previously faced issues with compliance regarding the minimum bid price requirement, which may indicate prior financial instability or poor stock performance.
- The necessity of a formal notice and hearing illustrates the company's past struggles to maintain its Nasdaq listing, raising concerns about its ongoing financial health and market position.
- The statement includes the need for forward-looking disclosures, suggesting uncertainties and potential risks related to the company's future performance that could deter investors.
FAQ
What recent compliance update did Youxin Technology announce?
Youxin Technology announced that it has regained compliance with Nasdaq's minimum bid price requirement on October 17, 2025.
What services does Youxin Technology provide?
Youxin Technology provides SaaS and PaaS solutions to help retail enterprises digitally transform their businesses.
What does Youxin Technology's platform offer retailers?
The platform offers tools for omnichannel digital solutions, inventory management, data integration, and comprehensive ecommerce capabilities.
Will Youxin Technology continue to be listed on Nasdaq?
Yes, Youxin Technology’s securities will continue to be listed and traded on Nasdaq following regulatory compliance.
How can investors contact Youxin Technology for more information?
Investors can contact Youxin Technology's Investor Relations Department via email at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
GUANGZHOU, CHINA, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (Nasdaq: YAAS) (the “Company” or “Youxin Technology”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced that on October 17, 2025, the Company received a formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Company is therefore in full compliance with the Nasdaq Capital Market’s listing requirements.
Consequently, the previously scheduled hearing before the Hearings Panel has been cancelled. The Company’s securities will continue to be listed and traded on Nasdaq.
About Youxin Technology Ltd
Youxin Technology Ltd is a SaaS and PaaS provider committed to helping retail enterprises digitally transform their businesses using its cloud-based SaaS product and PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure. Youxin Technology provides a customized, comprehensive, fast-deployment omnichannel digital solutions that unify all aspects of commerce with store innovations, distributed inventory management, cross-channel data integration, and a rich set of ecommerce capabilities that encompass mobile applications, social media, and web-based applications. The Company’s products allow mid-tier brand retailers to use offline direct distribution to connect the management team, distributors, salespersons, stores, and end customers across systems, apps, and devices. This provides retailers with a comprehensive suite of tools to instantly address issues using real-time sales data. For more information, please visit the Company’s website: https://ir.youxin.cloud .
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
For more information, please contact:
Youxin Technology Ltd.
Investor Relations Department
Email:
[email protected]
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
[email protected]