Yimutian ADSs Decline in Nasdaq Debut

Dow Jones

08/20

By Josh Beckerman

American depositary shares of Yimutian, which operates an agricultural B2B platform in China, declined in their first day on Nasdaq.

The ADSs were recently at $2.70, with an intraday range of $1.90 to $6.05.

Yimutian's initial public offering of 5.01 million ADSs priced at $4.10 each.

The company said in a July 31 securities filing that it expected a price between $4.10 and $5 an ADS.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 19, 2025 13:02 ET (17:02 GMT)

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