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YMT Yimutian Inc.

NAS · US · Technology · Software - Application · ymt.com
1.170USD-10.00%Mkt Cap: 29.70M $P/E: —

Yimutian Inc., through its subsidiaries, provides agricultural B2B platform services for agricultural product transaction in the People's Republic of China. The company develops Yimutian App, an agricultural product B2B …

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Why Is Yimutian Stock Gaining Tuesday?

Yimutian Inc. (NASDAQ:YMT) stock is gaining in Tuesday’s premarket session after the company disclosed an update on its stockholders’ equity and Nasdaq listing compliance.Yimutian Says Equity Meets Nasdaq RequirementIn a September Form 6-K filing, Yimutian said it believes its stockholders’ equity is now at least $2.5 million, meeting the requirement under Nasdaq Listing Rule 5550(b)(1).The company said it is awaiting formal confirmation from Nasdaq that it has regained compliance with the rule.

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