Youxin Technology Ltd has regained compliance with Nasdaq's stockholders' equity requirement, confirming over $2.5 million in equity.
Quiver AI Summary
Youxin Technology Ltd, a software and platform provider focused on digital transformation for retail businesses, announced that it has regained compliance with Nasdaq's stockholders’ equity rule, confirming it has over $2.5 million in stockholders’ equity. This follows a notification from Nasdaq on August 13, 2025, indicating the company had previously failed to meet the minimum requirements for the Nasdaq Capital Market. After providing evidence of its compliance on September 30, 2025, Nasdaq has now closed the matter. Youxin Technology offers cloud-based solutions that integrate various aspects of commerce for retailers, enhancing their operational efficiency through real-time data management.
Potential Positives
- Youxin Technology has regained compliance with Nasdaq's stockholders' equity rule, confirming its financial stability.
- The company's stockholders' equity is reported to be above the minimum requirement of $2.5 million, enhancing investor confidence.
- This achievement resolves prior non-compliance issues, indicating improved financial health and operational performance over the recent months.
Potential Negatives
- The company faced a compliance issue with Nasdaq regarding its stockholders’ equity, indicating potential financial instability prior to regaining compliance.
- The requirement for a minimum stockholders' equity of $2.5 million suggests the company's previous financial condition was precarious, raising concerns among investors about its financial health.
FAQ
What recent compliance update did Youxin Technology receive from Nasdaq?
Youxin Technology regained compliance with Nasdaq's stockholders’ equity rule, confirming it meets the minimum requirement of $2.5 million in stockholders’ equity.
When did Youxin Technology receive the compliance notice from Nasdaq?
The compliance notice was received by Youxin Technology on October 2, 2025.
What issues did Youxin Technology face regarding Nasdaq compliance?
The company previously failed to meet Nasdaq’s minimum stockholders’ equity and market value requirements as outlined in Listing Rules 5550(b)(1), (2), and (3).
How does Youxin Technology support retail enterprises?
Youxin Technology provides SaaS and PaaS solutions that facilitate digital transformation for retail businesses through cloud-based applications and omnichannel solutions.
Where can I find more information about Youxin Technology Ltd?
More information can be found on Youxin Technology’s website at https://ir.youxin.cloud.
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. 03, 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 the Company received a formal notice from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on October 2, 2025, confirming that the Company has regained compliance with Nasdaq stockholders’ equity rule under Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5 million in stockholders’ equity.
On August 13, 2025, the Company received a letter from the Nasdaq, notifying the Company that it did not comply with the minimum $2.5 million stockholders’ equity, or $35 million market value of listed securities, or $500,000 of net income from continuing operations requirements for The Nasdaq Capital Market set forth in Listing Rules 5550(b)(1), or 5550(b)(2), or 5550(b)(3) (the “Rules”), respectively.
On September 30, 2025, the Company sent an email to Nasdaq evidencing stockholders’ equity of more than $2.5 million, based on which Nasdaq has determined that the Company complies with the Rules and this matter is now closed.
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]