Yimutian seeks Nasdaq hearing after minimum market value rule breach threatens delisting

PUBT·05/22/2026 03:21:13

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Yimutian submitted a request for a Nasdaq hearing on May 20, seeking to appeal a delisting determination tied to failures to meet minimum market value requirements.
The company received notices on May 13 for non-compliance with Nasdaq’s minimum market value of listed securities rule and a determination of non-compliance with the minimum market value of publicly held shares rule.
The hearing request triggers an automatic stay, keeping its ADSs trading on the Nasdaq Global Market under the symbol YMT while the appeal is pending.
The company is pursuing measures aimed at lifting the market value of listed securities and publicly held shares to regain compliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yimutian Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605212320PRIMZONEFULLFEED9725199) on May 22, 2026, and is solely responsible for the information contained therein.

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