Business Context and Reporting Period
This Form 6-K filing by Youxin Technology Ltd covers the period ending September 26, 2025. The registrant is a foreign private issuer based in Guangzhou, China, with securities listed on The Nasdaq Capital Market under the symbol "YAAS". The filing primarily addresses regulatory compliance issues regarding share price and a subsequent corporate action to reverse split shares.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and listing status rather than financial performance metrics.
Material Changes
- Delisting Notice: Nasdaq Staff determined the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days as of September 19, 2025, triggering the "Low Priced Stocks Rule" and a determination to delist the securities.
- Share Consolidation: The Board approved a one-for-eighty (1:80) share consolidation to regain compliance with listing standards. This is effective September 30, 2025.
- Capitalization Adjustment: Outstanding Class A ordinary shares will decrease from approximately 171,264,988 to approximately 2,140,813. Authorized shares will be amended from 400,000,000 to 5,000,000, with par value increasing from $0.0001 to $0.008.
- Appeal Filed: The Company has appealed the delisting determination to a Hearings Panel, which stays the suspension of trading pending the Panel's decision.
Guidance, Outlook, and Risks
Management Commentary: The share consolidation was effected solely to meet NASDAQ continued listing standards. The Company intends to continue trading on The Nasdaq Capital Market pending the outcome of the appeal.
Risks and Contingencies:
- Delisting Risk: If the appeal is unsuccessful, the Company's securities may be delisted from The Nasdaq Capital Market.
- Shareholder Impact: No fractional shares will be issued; holdings will be rounded up to the next whole share. Shareholders holding paper certificates must contact the transfer agent to exchange certificates.
Investor Verification Checklist
- Verify the status of the appeal to the Nasdaq Hearings Panel and the expected timeline for a decision.
- Confirm the exact number of post-consolidation shares held in brokerage accounts after September 30, 2025, noting the rounding up of fractional shares.
- Check for any subsequent filings regarding the outcome of the delisting appeal or alternative listing venues.
- Review the new CUSIP number (G9876W112) for trading purposes post-consolidation.