Shenzhen, China, June 05, 2025 — Baiya International Group Inc. (“BIYA” or the “Company“) (Nasdaq: BIYA), a HR technology firm leveraging its cloud platform for comprehensive crowdsourcing recruitment and SaaS-based HR solutions, announced today that Cathay Securities, Inc. and Revere Securities LLC, the underwriters for its recent IPO of 2.5 million ordinary shares, are partially waiving lock-up restrictions on up to 2.95 million ordinary shares held by Datong International Group Ltd., Hesheng International Group Ltd., Hongfeng International Group Ltd., and Yilong International Group Ltd.
The partial waiver is effective June 5, 2025, allowing the shares to be sold on or after this date, adhering to the waiver’s conditions. The lock-up remains in effect for all other shares under lock-up agreements with the Company’s IPO underwriters.
This press release is not an offer to sell or a solicitation to buy these securities, nor shall any sale occur in any jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under local securities laws.
About Baiya International Group Inc. (“Baiya”)
Baiya has transitioned from a job matching service to a cloud-based internet platform offering one-stop crowdsourcing recruitment and SaaS-enabled HR solutions on the Gongwuyuan Platform, complementing its offline job matching services. It has strategically positioned itself as a SaaS-enabled HR technology company by introducing its Gongwuyuan Platform in the flexible employment marketplace. Baiya will continue to enhance the Gongwuyuan Platform with features that integrate with its traditional offline service model to improve job matching and HR services in the flexible employment marketplace.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains “forward-looking statements” as defined by federal securities laws, including statements about plans, objectives, goals, strategies, future events or performance, and underlying assumptions. These statements involve risks and uncertainties and are based on current expectations and projections about future events that may affect the Company’s financial condition, results of operations, business strategy, and financial needs. Forward-looking statements are identifiable by terms like “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate”. The Company is not obligated to update or revise these statements to reflect new events or changes in expectations, except as required by law. While the Company believes its expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ materially. Investors are encouraged to review other factors affecting the Company’s future results in its SEC filings.
For further information, please contact:
Baiya International Group Inc.
Investor Relations Department
Phone: +86 0769-88785888
Email:
Investor Relations Inquiries:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: