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Yimutian (NASDAQ:YMT), a leading Chinese agricultural B2B platform, has announced the pricing of its IPO at $4.10 per ADS, with each ADS representing 25 Class A ordinary shares. The company is offering 5,010,000 ADSs for a total offering size of $20.541 million.
The offering consists of 4,522,000 ADSs from the company and 488,000 ADSs from selling shareholders. US Tiger Securities is serving as the underwriter, with a 45-day option to purchase up to 678,300 additional ADSs. Trading is set to commence on August 19, 2025, under the symbol "YMT" on the Nasdaq Stock Market.
The proceeds will fund the enhancement of digital agricultural commerce services, technological infrastructure development, and expansion of agricultural sourcing and trading services.
