Yimutian Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares

Rhea-AI Summary

Yimutian (NASDAQ: YMT) received a Nasdaq notice dated November 6, 2025, stating it no longer meets the minimum Market Value of Publicly Held Shares (MVPHS) requirement of US$15 million because its MVPHS was below that threshold for the last 30 consecutive business days.

Nasdaq granted a 180-calendar-day compliance period ending May 5, 2026. The company can cure the deficiency if MVPHS closes at US$15 million or more for at least ten consecutive business days during the period. Management is evaluating options to regain compliance and expects MVPHS may rise after the 180-day lock-up expires in February 2026 if shareholders convert ordinary shares into ADSs, which would increase publicly held shares.

Positive

• Compliance cure requires MVPHS ≥ US$15 million for 10 consecutive business days
• Possible public-float increase after February 2026 lock-up expiry

Negative

• MVPHS was below the required US$15 million for 30 consecutive business days
• Compliance deadline is May 5, 2026 (180 days)
• Failure to regain compliance may lead to delisting

News Market Reaction

-3.79% 3.4x vol

5 alerts

-3.79% News Effect

-14.5% Trough in 5 hr 18 min

-$6M Valuation Impact

$159M Market Cap

3.4x Rel. Volume

On the day this news was published, YMT declined 3.79%, reflecting a moderate negative market reaction. Argus tracked a trough of -14.5% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $6M from the company's valuation, bringing the market cap to $159M at that time. Trading volume was very high at 3.4x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

BEIJING, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Yimutian Inc. (NASDAQ: YMT) (the “Company” or “Yimutian”), a leading agricultural digital service company in China, announced that it received a written notification from the Staff of Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated November 6, 2025, indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares (“MVPHS”) for the Nasdaq Global Market as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company’s MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of US$15 million.

Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until May 5, 2026. The Company can cure this deficiency if its MVPHS closes at US$15 million or more for a minimum of ten consecutive business days during the compliance period. The Company’s management is looking into various options available to regain compliance and maintain its continued listing on the Nasdaq Global Market and expects that its MVPHS will increase after the expiration of the 180-day lock-up period in February 2026 following its initial public offering if and when its shareholders decide to convert their ordinary shares into American depositary shares (“ADSs”), which will increase the number of publicly held shares. In the event the Company does not regain compliance prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting.

About Yimutian Inc.

Yimutian Inc, is a leading agricultural B2B platform in mainland China. Over a decade, the company has been dedicated to digitalizing China’s agricultural product supply chain infrastructure to streamline the agricultural product transaction process, and making it efficient, transparent, secure, and convenient.

For more information, please visit: https://ir.ymt.com

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, these forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

Email: ir@ymt360.com
Tel: +861057086561

Media Contact
E-mail: pr@ymt360.com

FAQ

What Nasdaq notice did Yimutian (YMT) receive on November 6, 2025?

Nasdaq notified Yimutian that its MVPHS was below the US$15 million minimum for 30 consecutive business days, triggering a compliance period.

How long does Yimutian (YMT) have to regain Nasdaq compliance and when does it end?

Yimutian has a 180-calendar-day compliance period that ends on May 5, 2026.

What specific cure does Nasdaq require for YMT to regain compliance?

MVPHS must close at US$15 million or more for a minimum of 10 consecutive business days during the compliance period.

What is Yimutian's plan to increase MVPHS and when could that occur for YMT?

Management is evaluating options and expects MVPHS could increase after the February 2026 lock-up expiry if shareholders convert ordinary shares into ADSs.

What happens to YMT if Yimutian does not regain compliance by May 5, 2026?

If Yimutian does not regain compliance by May 5, 2026, Nasdaq will issue a written notice that the securities are subject to delisting.