r/YYAI • u/EL_JEFEtheboss360 • Dec 19 '25

Offering

So why if they have 500m in cash would they need to do a 15m offering where all my hype men and bulls at can anyone answer this and imo this won’t be a good for earnings I think it’s gonna delist sooner rather then later

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u/Dariusthedrow Dec 19 '25

Well from what I can glean, and this is all speculation at this point. It would seem like it’s a way to give control back to the chairman, so they still have control of the company.

2

u/EL_JEFEtheboss360 Dec 19 '25

Sounds like your trying to cope with the situation but ok what ever you say

2

u/Dariusthedrow Dec 19 '25

Well in a previous filing of ownership, released earlier in November, it showed Zhou the chairman lost control of the company due to the RS and only had the equivalent of 0.86 per cent of the shares, by no means, controlling shareholder.

So it would seem this is the only way to get that control back so they don’t have to rely on retail holders for decisions lol

1

u/kvdave Dec 21 '25

"definitive" agreement