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Yimutian Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares
Globenewswire· 2025-11-14 08:19
Core Points - Yimutian Inc. has received a notification from Nasdaq indicating it no longer meets the minimum Market Value of Publicly Held Shares (MVPHS) requirement of US$15 million [1][2] - The company has a 180-day grace period to regain compliance, which ends on May 5, 2026, by maintaining an MVPHS of US$15 million or more for at least ten consecutive business days [2] - Management is exploring options to regain compliance, including the potential increase in MVPHS after the lock-up period expires in February 2026, which may lead to more shares being publicly held [2] Company Overview - Yimutian Inc. is a leading agricultural B2B platform in mainland China, focused on digitalizing the agricultural product supply chain to enhance transaction efficiency, transparency, security, and convenience [3]