09:03 AM EST, 11/14/2025 (MT Newswires) -- Yimutian ( YMT ) said Friday it received a notification that it no longer meets the continued listing requirement of the Nasdaq Global Market due to the market value of its publicly held shares being below the minimum requirement of $15 million for the last 30 consecutive business days.
The company said it is looking into the options available to regain compliance, with the applicable grace period of until May 5, 2026.
Yimutian ( YMT ) said it expects that its market value of its publicly held shares will increase after the expiration of the 180-day lock-up period in February 2026, following its initial public offering, if its shareholders decide to convert their ordinary shares into American depositary shares.