YYForce (YFOR) Shares Fall 15% After Hours: Here's Why

YYForce Inc. (NASDAQ: YFOR) shares declined 15.22% to $1.17 in after-hours trading following the announcement of an at-the-market sales agreement to offer up to $20 million in Class A ordinary shares. The agreement, made with Spartan Capital Securities, LLC, allows YYForce to sell shares at its discretion, with Spartan receiving a 3.75% fee on gross proceeds. The company has a market capitalization of approximately $17.72 million and has seen its shares fall 99.76% over the past year.