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YY Group Announces US$20 Million At-The-Market Offering Facility

YY Group Announces US$20 Million At-The-Market Offering Facility

FinvizFinviz2026/02/28 00:03
By:Finviz

SINGAPORE, Feb. 27, 2026 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has entered into an At The Market Sales Agreement (the "ATM Agreement") with Spartan Capital Securities, LLC ("Spartan") and Wilson-Davis & Co., Inc. (“WDCO,” and together with Spartan, the “Sales Agents”), pursuant to which the Company may offer and sell, from time to time, up to US$20,000,000 of its Class A Ordinary Shares through the Sales Agents, acting as sales agents.

Sales of the shares, if any, will be made at market prices by methods deemed to be an “at the market offering” as defined in Rule 415 under the Securities Act, including without limitation sales made directly on The Nasdaq Capital Market, on any other existing trading market for the Class A Ordinary Shares or to or through a market maker. The Sales Agents may also sell the Class A Ordinary Shares (i) in privately negotiated transactions with the consent of the Company or (ii) in block transactions. The Company is under no obligation to sell any shares under the ATM Agreement and may suspend or terminate the offering at any time. The Company expects to use (i) up to approximately $0.4 million of the net proceeds from this offering to satisfy certain outstanding debt obligations and (ii) any additional net proceeds from this offering for general corporate purposes, which may include business diversification and development initiatives and capital expenditures.

The offering is being made 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 describing the terms of the offering will be filed with the SEC.

Spartan Capital Securities, LLC is serving as the lead sales agent for the offering and Wilson-Davis & Co., Inc. is serving as an additional sales 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 in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
[email protected] 


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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