Business
Agape ATP Corporation Announces 1-For-50 Reverse Stock Split
KUALA LUMPUR, MY / ACCESS Newswire / February 6, 2026 / Agape ATP Corporation (NASDAQ:ATPC) ("ATPC" or "the Company") announced that it intends to implement a 1-for-50 reverse stock split of its issued and outstanding common stock. The reverse stock ...
About this update from Agape Atp Corporation
[{"type":"text","content":"KUALA LUMPUR, MY / ACCESS Newswire / February 6, 2026 / Agape ATP Corporation (NASDAQ:ATPC) ("ATPC" or "the Company") announced that it intends to implement a 1-for-50 reverse stock split of its issued and outstanding common stock.","length":251,"tagName":"p"},{"type":"text","content":"The reverse stock split was approved by the Company's shareholders at the Annual Meeting held on 30 January 2026, following the approval of an amendment to the Company's Articles of Incorporation that authorises the Board of Directors to effect one or more reverse stock splits at its discretion.","length":304,"tagName":"p"},{"type":"text","content":"The reverse stock split is expected to become effective on 9 February 2026. The Company's common stock will begin trading on a reverse stock split-adjusted basis on the Nasdaq Capital Market at the opening of trading on 10 February 2026. The Company's trading symbol will remain "ATPC."","length":304,"tagName":"p"},{"type":"text","content":"No fractional shares will be issued as a result of the reverse stock split. Any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share. The reverse stock split will not affect the authorised number of shares of the Company's common stock.","length":290,"tagName":"p"},{"type":"text","content":"Following the reverse stock split, the Company's common stock will be assigned a new CUSIP number: 008389306. In addition, the Company will make proportionate adjustments to outstanding equity awards, including the number of shares subject to such awards and the applicable exercise prices, to reflect the reverse stock split.","length":330,"tagName":"p"},{"type":"text","content":"###","length":3,"tagName":"p","attribs":{}},{"type":"text","content":"About AGAPE ATP Corporation","length":27,"tagName":"p"},{"type":"text","content":"Agape ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation built on two core business pillars, ATPC specialises in the provision of health and wellness products that caters to the diverse needs of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower companies to drive sustainability initiatives, r...