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Youxin Technology Ltd Faces Nasdaq Delisting as Shares Plunge Over 30%
Youxin Technology Ltd Faces Nasdaq Delisting as Shares Plunge Over 30%
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BTCCSquare news:
Youxin Technology Ltd (YAAS) shares cratered more than 30% to $0.0679 after receiving a Nasdaq delisting notice. The exchange cited persistent non-compliance with minimum bid price requirements, triggering suspension proceedings effective October 1, 2025.
The company's 1-for-80 reverse stock split—a last-ditch effort to regain compliance—failed to prevent the collapse. Nasdaq's determination notice referenced Rule 5810(c)(3)(A)(iii) after YAAS shares traded below $0.10 for ten consecutive sessions through September 19.
This follows an August 13 warning about non-compliance with the $1.00 minimum bid rule. Market participants now watch whether the appeal process can stall the inevitable, as FORM 25-NSE filing looms.
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