Yimutian Gains Nasdaq Approval to Shift to Capital Market Tier Under $1 Bid and $2.5M Equity Exception
YMT•Yimutian Inc. received Nasdaq approval to transfer its listing from the Global Market tier to the Capital Market tier under an exception to minimum $1.00 bid price and $2.5 million stockholders’ equity requirements. It must satisfy those requirements by September 29 and September 30, 2026, and will take steps to comply.
1. Nasdaq Listing Determination
On July 8, 2026, Nasdaq Hearings Panel granted Yimutian Inc.’s request to transfer its listing from the Global Market tier to the Capital Market tier under an exception to the $1.00 bid price and $2.5 million stockholders’ equity requirements.
2. Required Criteria and Deadlines
The decision requires Yimutian to restore a minimum $1.00 bid price by September 29, 2026, and demonstrate at least $2.5 million in stockholders’ equity by September 30, 2026. The company intends to take all necessary steps to meet these benchmarks and maintain compliance.
3. Company Background
Yimutian Inc. is a leading agricultural B2B platform in mainland China, dedicated to digitalizing the agricultural product supply chain to enhance efficiency, transparency, security, and convenience in produce transactions.
