YHN Acquisition I Limited, a British Virgin Islands company, has provided an update regarding its planned combination with Mingde Technology Limited, a Cayman Islands company. The parties have amended their existing agreement to include an earnout mechanism. On November 7, 2025, they further modified the agreement to adjust the merger consideration and shift the earnout criteria from future revenue performance to the post-closing share price performance of the purchaser's ordinary shares. Following the closing of the transaction, the combined company is expected to be publicly traded on Nasdaq.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YHN Acquisition I Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-009203), on December 17, 2025, and is solely responsible for the information contained therein.