YHN Acquisition Stock Flat; Eyes on June Finish
YHN Acquisition I closed at $10.83, up 6 cents, with its merger deadline set for June 19. The SPAC holds $27.4 million in trust and faces Nasdaq deficiency notices for market-value rules. The pending $326 million deal with Mingde Technology remains uncertain as cash stays tight. YHN warned of “substantial doubt” about its ability to continue if it cannot raise more capital.