{"url_path":"/sec/cik-0002071489/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, DIRECTOR INDEPENDENCE**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/2071489/0001493152-26-030051-index.html","accession_number":"0001493152-26-030051","cik":"0002071489","ticker":null,"issuer_name":"Yellowstone Group Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2071489/0001493152-26-030051-index.html","primary_entity_key":"0002071489","primary_entity_name":"Yellowstone Group Ltd."},"word_count":288,"has_tables":true,"body_markdown":"**ITEM\n13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, DIRECTOR INDEPENDENCE**\n\n \n\nOn\nJuly 08, 2024, the Company issued 20,000,000 shares of restricted common stock, with $0.0001 per share, to Ms. Jianing Yang in consideration\nof $2,000. The $2,000 in proceeds went to the Company to be used as working capital.\n\n \n\nMs.\nJianing Yang, currently our major shareholder, serves as our Chief Executive Officer, President, Secretary, Treasurer and Director.\n\n \n\nIn\nregards to all of the above transactions we claim an exemption from registration afforded by Section 4a(2) and/or Regulation S of the\nSecurities Act of 1933, as amended (“Regulation S”) due to the fact that all sales of stock were made to non-U.S. persons\n(as defined under Rule 902 section (k)(2)(i) of Regulation S), pursuant to offshore transactions, and no directed selling efforts were\nmade in the United States by the issuer, a distributor, any of their respective affiliates, or any person acting on behalf of any of\nthe foregoing.\n\n \n\nAs\nof March 31, 2026, our sole director, Ms. Jianing Yang, advanced $7,534 to the Company, which is unsecured and non-interest bearing with\nrepayable on demand.\n\n \n\n21\n\n \n\n \n\n**Review,\nApproval and Ratification of Related Party Transactions**\n\n \n\nGiven\nour small size and limited financial resources, we have not adopted formal policies and procedures for the review, approval or ratification\nof transactions, such as those described above, with our executive officer(s), Director(s) and significant stockholders. We intend to\nestablish formal policies and procedures in the future, once we have sufficient resources and have appointed additional Directors, so\nthat such transactions will be subject to the review, approval or ratification of our Board of Directors, or an appropriate committee\nthereof. On a moving forward basis, our Directors will continue to approve any related party transaction."}