Youxin Technology (YAAS) announced that the company entered into a definitive share acquisition agreement with seven shareholders of Yatop Group to acquire 18% of the equity interests in Yatop. Pursuant to the agreement, the company agrees to acquire 18% of the equity interests in Yatop in consideration of $10.8M, to be paid through a share exchange. The equity value of Yatop at an estimated $60.8M based on professional third-party valuation. Yatop’s core operating entities, which are located in Hong Kong, commenced business in 2024. For the fiscal year ended December 31, 2025, Yatop recorded unaudited revenue of $6.5M with a net profit of $2M. Driven by its expanding global footprint, Yatop’s revenue is projected to exceed $10M in 2026.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YAAS:
- Youxin Technology Files Celnet Financials After Closing Majority Stake Acquisition
- Youxin Technology Resets Series A Warrant Floor and Exercise Prices After March Adjustment
- Youxin Technology Buys Hainan Free Trade Port Asset to Power Cross-Border Digital Push
- Youxin Technology completes $5.52M asset acquisition in Hainan Free Trade Port
