YY Group Holding Limited said it cancelled the $5.94 million second tranche of a convertible promissory-note offering and immediately cancelled all 11,284 outstanding warrants issued with the first tranche, without additional consideration. The move removes potential dilution and future equity overhangs. Approximately $1.37 million remains outstanding from the initial tranche and is due by Dec. 31, 2026, with no further interest accruing from the agreement's effective date subject to default provisions. After repayment, YY Group expects to have no convertible debt or warrants outstanding, while the agreement restricts certain future equity financings. Shares were up 66.09% at $1.91 Wednesday afternoon, after closing Tuesday's regular session down 3.36% at $1.15 and rising 90.43% to $2.19 in after-hours trading. YY Group operates AI-enabled workforce-management and integrated facility-management businesses across Asia and beyond.