Yimutian gets positive Nasdaq listing determination
Seeking Alpha ·
Yimutian ( YMT ) said Nasdaq has approved its request to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market. The company has until Sep 29, 2026, to regain compliance with the $1.00 minimum bid price requirement and until Sep 30, 2026, to meet the $2.5M stockholders' equity requirement to maintain its Nasdaq listing. Most and least shorted communications services stocks with up to $2B market cap as of end-April Yimutian plans 15-for-1 ADS reverse split after Nasdaq bid price notice
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