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Stock impact report

ATA Creativity Global Regains Compliance with Nasdaq’s Minimum Bid Price Requirement; Receives Notification Regarding Minimum Stockholders’ Equity Deficiency

ATA Creativity Global - American Depositary Shares, each representing two common shares (AACG) 
Company Research Source: GlobeNewswire
BEIJING, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced two updates regarding its compliance status of continued listing requirements under The Nasdaq Stock Market LLC (“Nasdaq”) Listing Rules. Regains Compliance with Minimum Bid Price Requirement The Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rules based on the letter received from the Nasdaq Listing Qualifications Staff (the “Staff”), dated November 26, 2024. The closing bid price of the Company’s American depositary shares (“ADSs”) has been at $1.00 per share or greater from November 1 to November 25, 2024. Accordingly, the Staff has determined that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), and the matter is now closed. Receives Notificat Show less Read more
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