YY Group Completes US$20 Million At-The-Market Equity Offering Program

June 16, 2026

YY Group Holding Limited (NASDAQ: YYGH), an AI-native workforce management platform and integrated facility management (IFM) provider, has completed its At-The-Market equity offering program, which raised US$20 million in gross proceeds. The program, established under a prospectus supplement dated February 27, 2026, involved Spartan Capital Securities, LLC, as lead sales agent, and Wilson-Davis & Co., Inc., as additional sales agent.

The company received net proceeds of approximately US$19.1 million after deducting the sales agents' commission of 3.75% and estimated offering expenses. No further share sales will occur under this ATM Program, marking its conclusion.

According to the company, a portion of the net proceeds will be used to retire higher-cost short-term business loans, which will immediately reduce recurring financing costs. The majority of remaining funds will be invested in YY Group's proprietary AI-native workforce management platform, regional IFM services, and initiatives related to AI software, physical AI training data factories, and robotics, as well as potential high-value acquisitions or strategic investments in complementary technologies.

Mike Fu, CEO of YY Group, stated that the completion of the ATM program is a pivotal development for the company’s capital structure. He emphasized that the secured capital allows for aggressive scaling of high-margin AI software and robotics initiatives while optimizing the balance sheet.

YY Group Holding Limited is headquartered in Singapore and operates across Asia and beyond. The company's intelligent workforce solutions platform, YY Circle, supports clients in multiple sectors, including hospitality and retail, by optimizing workforce deployment. The company is committed to infrastructure innovation and long-term value creation as it continues to embed AI and automation capabilities into its business operations.

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