YY Group Holding Limited Completes US$20 Million At-The-Market Equity Offering Program

YY Group Holding Limited announced the completion of its At-The-Market (ATM) equity offering program, successfully raising US$20 million in gross proceeds. After deducting commissions and expenses, the company received approximately US$19.1 million in net proceeds. This marks the conclusion of the ATM program, with no further share sales planned under this facility. The company utilized a 1-for-50 reverse stock split on March 23, 2026. The net proceeds will be used to pay off remaining cash portions for acquisitions made in 2025, for working capital, and for business expansion into overseas markets, particularly for high-margin AI and robotics initiatives. The CEO, Mike Fu, stated that the company is now well-capitalized to scale its AI software, data training, and robotics initiatives while optimizing its balance sheet.