Yimutian Inc. Receives Nasdaq Notification for Falling Below $1 Minimum Bid Price

Yimutian Inc. has confirmed its receipt of a notification from the Nasdaq Stock Market regarding non-compliance with the exchange’s minimum bid price requirement. The company disclosed this information on April 8, 2026, stating that it had been informed by Nasdaq that the bid price for its listed securities had closed below $1.00 per share for 30 consecutive business days, falling short of the threshold outlined in Nasdaq Listing Rule 5550(a)(2).

According to Yimutian Inc., the notification does not immediately impact its listing or trading status on Nasdaq. The company now has a compliance period of 180 calendar days to regain adherence to the minimum bid price rule. To achieve compliance, the closing bid price of its stock must meet or exceed $1.00 per share for at least ten consecutive business days within this timeframe. If Yimutian fails to meet these requirements by the end of the initial compliance period, it may be eligible for an additional 180-day extension if certain criteria are met. The company stated that it is evaluating potential actions to address this matter and ensure continued compliance with Nasdaq’s listing standards.

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Date: April 8, 2026

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GOAI