Singapore, Sept. 12, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (Nasdaq: YYGH) (“YY Group” or the “Company”) today announced the closing of its previously announced registered direct offering of 9,523,812 Class A ordinary shares (the “Class A Ordinary Shares”) and warrants to purchase up to 14,285,718 Class A Ordinary Shares.
The Company received gross proceeds of approximately $4.0 million, before deducting placement agent fees and other offering expenses. The ordinary shares were sold at a price of $0.42 per share and accompanying warrants, and the accompanying warrants have an exercise price of $0.50 per share with a 3.5-year term.
YY Group expects to use the net proceeds from this offering for working capital and general corporate purposes.
The securities were offered pursuant to the Company’s shelf registration statement on Form F-3 (File No. 333-286705), which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 23, 2025, and declared effective on April 30, 2025. A prospectus supplement and accompanying base prospectus describing the terms of the offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov.
FT Global Capital, Inc. acted as the exclusive placement agent for the offering.
About YY Group Holding Limited:
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.
Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence across Asia, Europe, the Middle East, and other international markets, including the UK, Germany, and Australia.
Listed on the Nasdaq Capital Market, YY Group Holding Limited is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.