Yimutian Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price
Yimutian Inc. has received a notification from Nasdaq due to non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 calendar days, until September 29, 2026, to regain compliance by having its ADSs trade at or above $1.00 for at least ten consecutive business days. Yimutian is evaluating options, including a change in the ratio of its ADSs and Class A ordinary shares, to address this deficiency.