NEW YORK, Jan 14, 2026, 07:38 (ET) — Premarket
- AiRWA shares were up about 15% in premarket trading, last at $1.45.
- A Form 4 filing showed director and 10% owner Hongyu Zhou bought 1.1 million shares over Jan. 11-12.
- Traders are watching whether the move holds into the 9:30 a.m. ET open.
AiRWA Inc shares climbed about 15% in premarket trading on Wednesday after a regulatory filing showed director and 10% owner Hongyu Zhou bought more than 1.1 million shares over two days. The stock was at $1.45 by 7:33 a.m. ET. (StockAnalysis)
Why it matters now: insider buying can move the tape fast in smaller stocks, especially when the purchase is large relative to the company’s size. AiRWA, valued at about $48 million, ended Tuesday at $1.26 and traded about 11.7 million shares. (Finviz)
The Form 4 showed Zhou bought 365,426 shares at $1.23 on Jan. 11 and 744,496 shares at $1.41 on Jan. 12, spending about $1.5 million in total. The filing showed his direct holdings rose to 1,601,489 shares. (SEC)
A Form 4 is the SEC’s disclosure for trades by insiders such as directors and executives. Investors often read purchases as a confidence signal, though the filing does not say why an insider is buying.
The move also lands against a financing backdrop that investors in microcaps rarely ignore. AiRWA said in December it agreed to sell 15.38 million shares at $1.02 per share in a registered direct offering for gross proceeds of about $15.69 million.
AiRWA has described itself as developing an exchange focused on tokenizing “real-world assets” — traditional assets represented as blockchain-based tokens — including tokenized U.S. stocks.
Traders will be looking for follow-through at the open, and for whether volume stays elevated once regular buyers and sellers show up. In moves like this, liquidity can vanish as quickly as it appears.
But the setup cuts both ways. Insider buying does not guarantee a rally, and any renewed stock sales, regulatory friction around tokenized equities, or delays in the company’s exchange plans could pressure the shares.
The next test comes quickly: whether YYAI can keep its premarket gains when Nasdaq trading opens at 9:30 a.m. ET.