YY is trading at $2.01 (+74.67%) following an overnight financing update in which it canceled the $5.94 million second convertible-note tranche and warrants covering 11,284 Class A shares.
- The cancellation reduces potential dilution and simplifies YY’s capital structure.
- YY will repay approximately $1.37 million by December 31, 2026, with no further interest accruing under the agreement.
- Reported pre-market volume reached 10,256,248 shares, indicating unusually active trading.