RegulatoryJul 10, 2026, 02:12 AM
Yimutian Approved to Transfer Listing to Nasdaq Capital Market
AI Summary
Yimutian Inc. announced that the Nasdaq Hearings Panel approved its request to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market tier. This decision, received on July 8, 2026, is conditional upon the company meeting specific requirements, including a US$1.00 bid price by September 29, 2026, and US$2.5 million in stockholders' equity by September 30, 2026. Yimutian stated its intention to take all necessary steps to timely satisfy these conditions and comply with all applicable Nasdaq listing criteria.
Key Highlights
- Nasdaq Hearings Panel granted Yimutian's request to transfer listing on July 8, 2026.
- Listing will transfer from The Nasdaq Global Market to The Nasdaq Capital Market tier.
- Company must evidence compliance with US$1.00 bid price by September 29, 2026.
- Company must evidence compliance with US$2.5 million stockholders' equity by September 30, 2026.
- Yimutian intends to take all necessary steps to satisfy the conditions.
Price Impact
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