YXT.COM GROUP HOLDING Ltd

YXT.COM GROUP HOLDING Ltd (YXT) priced its initial public offering on Aug 16, 2024 at $11.00 per ADS, and listed on Nasdaq. At the IPO price its market capitalization was about $598.7M. Kingswood was lead-left underwriter, joined by US Tiger. Davis Polk, Walkers and Global Law Office advised the company and Simpson Thacher and Jingtian & Gongcheng advised the underwriters.

YXT.COM Group Holding Ltd is a Cayman Islands company operating in China's digital corporate learning industry through PRC subsidiaries and consolidated variable interest entities. It offers a software-as-a-service model that combines software and content to help companies digitalize employee learning.

Status

IPO

Ticker

YXT

Exchange

Nasdaq

Priced

Aug 16, 2024

IPO price

$11.00 per ADS

Market cap at IPO price

$598.7M

First filed

Jul 12, 2024

Underwriters

Kingswood and US Tiger

Company counsel

Davis Polk, Walkers and Global Law Office

Underwriters' counsel

Simpson Thacher and Jingtian & Gongcheng

Sector

Technology

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.