YXT.com Group Holding Limited Announces Closing of Initial Public Offering

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YXT.com Group Holding Limited Announces Closing of Initial Public Offering - Benzinga

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SUZHOU, China, Aug.22, 2024 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited ("YXT.com" or the "Company"), a leader and disruptor of the digital corporate learning industry in China, today announced that its previously announced initial public offering (the "Offering") of 2,273,000 American depositary shares ("ADSs") at a price of US$11.00 per ADS closed on August 19, 2024.

Each ADS represents three Class A ordinary shares of the Company.YXT.com's ADSs began trading on the Nasdaq Global Market on Friday, August 16, 2024, under the ticker symbol "YXT".

The Company raised a total of approximately US$25.0 million in gross proceeds from the Offering, before deducting underwriting discounts and commissions as well as other estimated offering expenses.