Yimutian Inc. (YMT) Form 6-K — Aug 26, 2026
Yimutian Inc. (NASDAQ: YMT) entered into two definitive agreements on August 20, 2026 to acquire 100% of the equity of Qingdao Xingongguan Holiday Hotel Co., Ltd. via VIE agreements and a portfolio of land, buildings, and equipment in Zhaodong, Heilongjiang, for combined consideration of approximately US$26.96 million paid entirely in new Class A ordinary shares.
Key figures
- Deal Value Usd
- $26,961,390 combined (US$5,800,000 equity purchase + US$21,161,390 asset purchase)
- Offering Price
- 0.2183
- Shares Offered
- 46,314,802,559 Class A ordinary shares (123,506,140 ADS equivalents)
- Seller lockup
- 6 months once tradeable, then max 10% of shares per quarter
- Shares per ads
- 375
- Asset deal shares
- 36,351,449,375 ordinary shares (96,937,198 ADSs)
- Equity deal shares
- 9,963,353,184 ordinary shares (26,568,942 ADSs)
- Fx rate rmb per usd
- 6.7808
- Asset cleanup period
- up to 6 months from signing
- Asset deal value usd
- 21161390
- Equity deal value usd
- 5800000
- Late cooperation penalty
- 0.05% of total consideration per day
- Termination compensation
- 3% of consideration
- Qingdao appraised value rmb
- 116216266
- Heilongjiang appraised value rmb
- 143491156
- Qingdao collateralized loans rmb
- 55950000
AI analysis
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