Youxin Technology Ltd. (the “Company” or “Youxin Technology”), a software as a service (SaaS) and platform as a service (PaaS) provider specializing in digital transformation for retail businesses, announced the pricing of its initial public offering (IPO). The IPO involves 2,300,000 Class A ordinary shares priced at US$4.50 per share, totaling US$10.35 million in gross proceeds before expenses. These shares are approved for listing on Nasdaq (ticker symbol “YAAS”), with trading commencing December 20, 2024. The offering is expected to close around December 23, 2024.

The underwriters have a 45-day option to purchase up to an additional 345,000 shares. Net proceeds will fund research and development (including SaaS product enhancement and cloud services investment), sales and marketing (expanding distribution channels), and general corporate purposes (capital expenditures, strategic investments, and acquisitions).

Aegis Capital Corp. is the sole book-running manager. Kaufman & Canoles P.C. serves as U.S. counsel for Youxin Technology, and Olshan Frome Wolosky LLP represents Aegis Capital Corp. The SEC declared effective the registration statement (Form F-1, File No. 333-274404) on December 19, 2024. A final prospectus is available on the SEC website and from Aegis Capital Corp. Investors should carefully review the prospectus and related SEC filings.

This announcement doesn’t constitute an offer to sell or a solicitation to buy securities. Sales are subject to registration or exemption requirements and applicable state and jurisdictional laws.

About Youxin Technology Ltd

Youxin Technology Ltd. offers cloud-based SaaS and PaaS solutions enabling retail businesses to develop and manage applications without complex IT infrastructure. Their omnichannel solutions integrate commerce aspects, inventory management, cross-channel data, and e-commerce capabilities (mobile, social media, and web). They connect management, distributors, sales staff, stores, and customers across various systems and devices, providing real-time sales data for immediate issue resolution. More information is available at the Company’s website: .

Cautionary Note Regarding Forward-Looking Statements

This material may include forward-looking statements as defined in Sections 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934. These statements, including those regarding the offering’s completion, timing, size, product development, business prospects, and use of proceeds, are subject to risks and uncertainties. Actual results may differ significantly. The Company doesn’t guarantee future results and won’t update forward-looking statements except as required by law.

For more information, please contact:

Youxin Technology Ltd.
Investor Relations Department
Email:

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: