Fed’s Powell opens door to potential rate cuts at Jackson Hole
GUANGZHOU, China - Youxin Technology Ltd (NASDAQ:YAAS), a SaaS and PaaS provider for retail enterprises, announced Friday it received two staff determination notices from Nasdaq on August 13, 2025, citing non-compliance with listing requirements. The company’s shares currently trade at $0.40, with InvestingPro analysis indicating the stock is currently overvalued despite its low price.
The notices indicate the company fails to meet both the minimum bid price requirement and the minimum Market Value of Listed Securities (MVLS) of $35 million required for continued listing on the Nasdaq Capital Market. According to InvestingPro data, Youxin’s current market capitalization stands at approximately $13.4 million, with the stock having lost nearly 90% of its value year-to-date. InvestingPro subscribers have access to 12 additional key insights about YAAS’s financial health and market position.
According to the announcement, Youxin Technology has until February 9, 2026, to regain compliance with both requirements. For the bid price issue, the company must maintain a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. Similarly, for the MVLS requirement, the company needs to maintain a market value of at least $35 million for 10 consecutive business days. Financial metrics from InvestingPro show the company maintains a healthy current ratio of 2.53, indicating sufficient liquid assets to meet short-term obligations, though revenue has declined by approximately 25% in the last twelve months.
The company stated that the notices have no immediate effect on the listing of its Class A ordinary shares, which will continue trading on Nasdaq under the ticker YAAS.
If Youxin Technology fails to regain compliance within the specified period, it may be eligible for an additional 180-day grace period for the bid price requirement, provided it meets other listing standards. For the MVLS requirement, failure to comply would give the company the right to a hearing before an independent panel.
The company indicated it intends to take "all reasonable measures" to regain compliance and remain listed on Nasdaq. Youxin Technology provides cloud-based solutions that help retail enterprises with digital transformation, offering services that connect management, distributors, salespersons, stores, and customers.
This announcement is based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.