Yubo to issue 50.6M shares to insiders at $0.05/share for debt cancellation

Yubo International Biotech Ltd

Issuance of 50.6M shares to FlyDragon and ChinaOne, wholly owned by President Jun Wang and CEO Yang Wang.
Per share price $0.05, ~125% of July 23 OTCQB closing price; no net proceeds from transaction.
Consideration is cancellation of shareholder loans owed by the company to Jun Wang and Yang Wang.
Transaction expected to close by July 31, 2025; approved by disinterested director and shareholder consent.
Shares unregistered, issued under Section 4(a)(2) and Rule 506 of the Securities Act.

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