YXT.COM Group Holding
General Information | |
Business: | We are the holding company for a cloud-based digital corporate education platform business that provides corporate learning software in China. (Incorporated in the Cayman Islands)We offered more than 8,200 courses covering about 20 industries and serving more than 2,400 subscription customers, as of March 31, 2024.Note: Net loss and revenue are in U.S. dollars (converted from China’s renminbi) for the 12 months that ended on March 31, 2024.(Note: YXT.COM Group Holding trimmed its IPO at pricing to 2.273 million American Depositary Shares (2,273,000 ADS) – down from 2.75 million ADS in the prospectus – and priced the IPO at $11.00 – the low end of its $11.00-to-$13.00 price range – to raise $25.0 million on Thursday night, Aug. 15, 2024. Each ADS equals three ordinary shares. Of the 2.273 million ADS sold in the IPO, Image Frame Investment (HK) Limited, our existing shareholder, has subscribed for, and has been allocated by the underwriters, an aggregate of 454,545 ADSs at the initial public offering price and on the same terms as the other ADSs being offered, representing approximately 20.0 percent of the ADSs being offered in this offering, YXT.COM Group Holding said.).(Note: YXT.COM Group Holding disclosed the terms for its IPO in an F-1/A filing dated Aug. 1, 2024: The company is offering 2.75 million American Depositary Shares (ADS) at a price range of $11.00 to $13.00 to raise $33.0 million, if priced at the $12.00 mid-point. Each ADS equals three ordinary shares. Background: YXT.COM Group Holding filed its F-1 without disclosing the IPO terms on July 12, 2024. More Background: YXT.COM Group Holding filed confidential IPO documents with the SEC on July 16, 2021.)
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Industry: | SERVICES - PRE-PACKAGED SOFTWARE |
Employees: | 744 |
Founded: | 2011 |
Contact Information | |
Address | Room 501-502, No. 78 East Jinshan Road Huqiu District, Suzhou Jiangsu, 215011, People’s Republic of China |
Phone Number | +86 (512) 6689 9881 |
Web Address | http://www.yxt.com/ |
View Prospectus: | YXT.COM Group Holding |
Financial Information | |
Market Cap | $598.75mil |
Revenues | $53.0 mil (last 12 months) |
Net Income | $-18.04 mil (last 12 months) |
IPO Profile | |
Symbol | YXT |
Exchange | NASDAQ |
Shares (millions): | 2.3 |
Price range | $11.00 - $11.00 |
Est. $ Volume | $25.0 mil |
Manager / Joint Managers | Kingswood Capital Markets / Tiger Brokers |
CO-Managers | |
Expected To Trade: | 8/16/2024 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |