YY Group Holding Limited (NASDAQ:YYGH) shares surged 90.43% in after-hours trading Tuesday after the company announced the cancellation of a $5.94 million second financing tranche and all outstanding warrants.
The stock closed Tuesday’s regular session down 3.36% at $1.15. It then climbed 90.43% to $2.19 in after-hours trading.
YY Group is an AI-enabled workforce management platform and integrated facility management provider operating across Asia and beyond.
$5.94M Financing Tranche Canceled
YY Group said it canceled the second tranche of a convertible promissory note offering worth $5.94 million and all 11,284 outstanding warrants issued with the first tranche.
