other material
confidence high
sentiment neutral
materiality 0.65
Agape ATP cancels 86.99M shares via forfeiture agreements with HKC Talent and other shareholders
Agape ATP Corp
- HKC Talent Limited forfeited 41,750,000 shares of common stock.
- Other shareholders forfeited an aggregate of 44,242,000 shares.
- Total of 86,992,000 shares cancelled as of January 21, 2022.
- Shares returned and cancelled with no cash consideration mentioned.
- Forfeiture reduces outstanding shares significantly for the microcap issuer.