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YHN Acquisition I Ltd (NASDAQ:YHNA) reported Monday that it has entered into several agreements with its recently appointed Chief Executive Officer and director, Ms. Poon Man Ka, Christy, following a previously announced leadership transition.
According to a statement based on a Securities and Exchange Commission filing, the company finalized an Indemnification Agreement, a Joinder Agreement to a Stock Escrow Agreement, and a Letter Agreement with Ms. Poon on October 10, 2025. These documents are related to the transfer and continued escrow of company shares.
The filing states that, in connection with the change in executive leadership, former CEO and director Mr. Satoshi Tominaga transferred 15,000 ordinary shares of the company to YHN Partners I Limited, the company’s sponsor. The sponsor then transferred the shares to Ms. Poon. Each transaction was valued at $214.29. The shares now held by Ms. Poon remain subject to the same lock-up and stock escrow restrictions as when held by Mr. Tominaga.
The company had previously disclosed Mr. Tominaga’s resignation and Ms. Poon’s appointment, both effective July 11, 2025, in a filing on July 14, 2025.
YHN Acquisition I Ltd is incorporated in the British Virgin Islands and its securities, including ordinary shares (NASDAQ:YHNA), units (NASDAQ:YHNAU), and rights (NASDAQ:YHNAR), are listed on the Nasdaq Stock Market LLC.
This information is based on a press release statement included in the company’s recent SEC filing.
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