YXT.COM Group Holding Limited, through its subsidiaries, provides digital corporate learning solution in the People's Republic of China. The company offers corporate learning platform, personalized e-learning system, teaching tools, and online courses, as well as offline courses and courseware recording service. It also engages in the technology development; and sale of Software-as-a-Service and content. The company was formerly known as Unicentury Group Holding Limited and changed its name to YXT.COM Group Holding Limited in May 2021. The company was founded in 2011 and is headquartered in Suzhou, China.
Univest Securities, LLC Announces Closing of $1.5 Million Registered Direct Offering for its Client YXT.COM GROUP HOLDING Ltd (NASDAQ: YXT)
Univest Securities announced the closing of a registered direct offering for YXT.COM GROUP HOLDING Ltd, raising aggregate gross proceeds of $1.5 million.
The company sold 500,000 American Depositary Shares (or pre-funded warrants in lieu thereof) to institutional investors at a purchase price of $3.00 per ADS.
The transaction was conducted pursuant to an effective shelf registration statement on Form F-3, with Univest Securities acting as the sole placement agent.