Youxin Technology Ltd’s Lock-Up Period Will Expire on June 18th (NASDAQ:YAAS)

Youxin Technology’s (NASDAQ:YAAS) lock-up period is set to expire on Wednesday, June 18th. Youxin Technology had issued 2,300,000 shares in its initial public offering on December 20th. The total size of the offering was $10,350,000 based on an initial share price of $4.50. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Youxin Technology Price Performance

Shares of NASDAQ:YAAS opened at $2.94 on Friday. The stock has a 50 day moving average price of $2.07. Youxin Technology has a 52-week low of $1.58 and a 52-week high of $4.25.

Youxin Technology Company Profile

Youxin Technogy Ltd. operates as an investment holding company. It is a software as a service and platform as a service provider. The firm develops, uses and controls business applications without the need to purchase complex information technology infrastructure. The company was founded by Sun Jin Hou and Lin Shao Zhang on October 21, 2022 and is headquartered in Guangzhou, China.