Business
Agape ATP Corporation Successfully Completes $23 Million Private Placement, Strengthening Growth Across Key Sectors
KUALA LUMPUR, MALAYSIA / ACCESS Newswire / March 25, 2025 /NASDAQ-listed AGAPE ATP Corporation ("ATPC")is pleased to announce the successful completion of its $23 million (USD) private placementexercise, reinforcing its financial strength as the company ...
About this update from Agape Atp Corporation
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESS Newswire / March 25, 2025 / NASDAQ-listed AGAPE ATP Corporation ("ATPC") is pleased to announce the successful completion of its $23 million (USD) private placementexercise, reinforcing its financial strength as the company accelerates expansion into healthcare, oil & gas trading, and renewable energy. The strong participation of institutional investors reflects confidence in ATPC's long-term growth strategy, positioning the company for sustained market leadership across multiple industries.","length":546,"tagName":"p"},{"type":"text","content":"To recap,the private placement involved the issuance of 46 million shares of common stock at USD 0.50 per share, under Regulation S of the U.S. Securities Act, which governs offerings to non-U.S. investors. The capital raised will be utilized to support ATPC's high-growth initiatives, including advancing oil & gas trading projects, scaling up its solar energy ventures, and enhancing its healthcare and wellness solutions.","length":432,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":3293,"height":2470,"url":"https://media.zenfs.com/en/accesswire.ca/ebf9c482f1d4e2be0f9b5340e2c6b930"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MpIgKJ06F.SXB59DtH2a6w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMDtjZj13ZWJw/https://media.zenfs.com/en/accesswire.ca/ebf9c482f1d4e2be0f9b5340e2c6b930","width":960,"height":720},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Ew5ciqtYBY37KyjGyO6jpg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xODAwO2NmPXdlYnA-/https://media.zenfs.com/en/accesswire.ca/ebf9c482f1d4e2be0f9b5340e2c6b930","width":1200,"height":900}}},{"type":"text","content":"Prof. Dato' Sri Dr How Kok Choong, Founder and Global Group CEO of ATPC","length":75,"tagName":"p","attribs":{}},{"type":"text","content":"Prof Dato' Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC expressed gratitude for the overwhelming support from new and existing investors, stated: "The successful completion of this private placement is a testament to the strong market confidence in ATPC's vision and execution strategy. We are deeply grateful for the trust placed in us by institutional investors, which allows us to a...