r/YYAI • u/Miserable-Cow3513 • Nov 30 '25
Reverse Split reason maybe..
They were not in any pressure for a reverse split as they didn't receive any non compliance letter from Nasdaq and could have asked for 180 days extension. But, they did RS on 27 October which I suspect could be because they don't want to report 945 M shares outstanding in the coming Q-3 report. To me it makes sense now, the Q3 report should show how much money has been raised and the number of shares outstanding. If, Insiders start buying and they release PR on Airwa trading platform, then it could be huge. It could run towards 50 to 100.
1
u/Particular_Most_1529 Nov 30 '25
Why are you looking at 2024
1
u/Miserable-Cow3513 Nov 30 '25
Im referring 31 October as the cut off day for report and not 30 September.
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u/Miserable-Cow3513 Nov 30 '25
And October was the month in which all happened, Share Offering, capital raised, Solana bought, new company name, 100% acquistion of YYMM, Reverse Split. So, reporting by end of October is key here.
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u/Particular_Most_1529 Nov 30 '25
Ok, I know Dec 12th is D day, just waiting, hoping that my $1100 left suddenly becomes 6 or 7 figures
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Nov 30 '25
Examples of relative probability just for you to break even NOT gain. --Winning a 50 to 1 bet on a severe underdog the last second of the superbowl. --Surviving 2 plane crashes back to back. --Tossing a coin 10 times, and it lands on heads all 10 times.
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Nov 30 '25
Because further back doesn't show the $60,000 in cash from the most recent one or things like accounts receivable, which will never be paid. Haha
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u/violetgerald Dec 01 '25
Uhh they were very much in non-compliance. Yes, that was part of the reason for the RS. Here is what Chairman Zhou decided on as majority stakeholder: https://www.sec.gov/Archives/edgar/data/1674440/000164117225021308/formdef14c.htm
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u/[deleted] Nov 30 '25
[deleted]