Youxin Technology has approved a 1-for-5 reverse share split of its Class A ordinary shares, effective July 30, 2026. The reverse split aims to increase the share price and support the company's continued Nasdaq listing and marketability. Outstanding Class A shares will decrease from about 33.85 million to 6.77 million, while authorized Class A shares will be reduced from 204.75 million to 40.95 million. The par value of each Class A share will increase from $0.008 to $0.04, but the total authorized share capital remains unchanged at $1.64 million. Class B ordinary shares are not affected by the reverse share split.
Youxin Technology Ltd Class A Ordinary sharesReverse share split aims to increase share price and support Nasdaq listing, but does not change fundamental value.