Business Context and Reporting Period
This Form 6-K filing by Youxin Technology Ltd covers the month of June 2026, with the report dated June 29, 2026. The filing discloses the entry into an At-The-Market (ATM) Sales Agreement with Aegis Capital Corp. to facilitate the potential issuance and sale of the Company's Class A ordinary shares.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the terms of a new securities offering.
- Maximum Offering Amount: Up to $6,355,771 in aggregate gross sales price.
- Commission Rate: 3.0% of gross proceeds payable to the Sales Agent.
- Underlying Registration: Form F-3 (File No. 333-295763), declared effective May 21, 2026.
Material Changes
The primary material change disclosed is the execution of the Sales Agreement on June 25, 2026. This agreement establishes a mechanism for the Company to sell shares on the Nasdaq Capital Market at prevailing market prices. The offering amount is capped at $6,355,771 due to limitations under General Instruction I.B.5. of Form F-3 based on the Company's public float.
Guidance, Outlook, and Risks
Management Commentary and Outlook: The Company is not obligated to sell any shares under the agreement and may suspend or terminate sales at any time. There are no assurances that any sales will occur. The offering will terminate upon the sale of all shares subject to the agreement or earlier termination.
Risks and Contingencies:
- Market Risk: Sales are subject to prevailing market prices and the Company's instructions.
- Costs: The Company will incur a 3.0% commission plus reimbursement of certain expenses for any shares sold.
- Legal Restrictions: The report does not constitute an offer to sell securities in jurisdictions where such an offer would be unlawful.
Investor Verification Checklist
- Verify the Company's current public float to understand the basis for the $6,355,771 offering cap.
- Review the full text of the Sales Agreement (Exhibit 10.1) for specific termination rights and conditions.
- Monitor future filings to determine if and when shares are actually sold under this ATM facility.
- Check the Company's most recent Form 20-F for actual financial performance data, as this filing contains none.