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Yimutian Inc. Unsponsored ADR ( (YMT) ) just unveiled an announcement.
On April 29, 2026, Beijing-based Yimutian Inc., listed on Nasdaq under the ticker YMT, announced it will change the ratio of its American Depositary Shares to Class A ordinary shares from one ADS representing 25 shares to one ADS representing 375 shares. Effective on or around May 18, 2026, U.S. Eastern time, this adjustment is designed to operate as a 15-for-1 reverse split at the ADS level and is expected to proportionately increase the trading price of the ADSs, with no change to the number of underlying ordinary shares.
Upon the effective date, ADS holders must surrender every 15 existing ADSs for one new ADS, with JPMorgan Chase Bank managing the exchange process. No fractional ADSs will be issued; instead, fractional entitlements will be aggregated, sold, and the net cash proceeds distributed to holders, while the company’s ordinary share capital structure remains unchanged and its ADSs continue to trade on Nasdaq under the existing YMT ticker.
More about Yimutian Inc. Unsponsored ADR
Yimutian Inc. is a leading agricultural digital services provider and B2B platform in mainland China, focused on modernizing the country’s agricultural product supply chain. The company digitalizes transaction infrastructure to make agricultural trading more efficient, transparent, secure and convenient for market participants across the value chain.
Average Trading Volume: 5,513,350
Technical Sentiment Signal: Strong Sell
Current Market Cap: $20.27M
Learn more about YMT stock on TipRanks’ Stock Analysis page.