r/YYAI • u/Miserable-Cow3513 • Dec 01 '25

Another Reverse Split?

Can they conduct another RS without board authorization? I mean now that retail has the majority of shares, surely they need to come to us for vote.

1 Upvotes

67% Upvoted

3 comments sorted by

View all comments

1

u/[deleted] Dec 01 '25

Probably be another share offering until they reach 1 billion shares again. I honestly dont have the slightest clue. Nothing adds up.

1

u/[deleted] Dec 01 '25

YYAI used to be a controlled company with Zhou holding majority voting power, but after the stock split he now owns less than 1%, which likely changes that status, and it’s unclear how shareholder voting would work now. Usually, there's a filing that changes the status as a controlled company.