Agape ATP Corp (ATPC): Nasdaq/NYSE listing notice — Agape ATP receives Nasdaq bid price deficiency notice; faces potential delisting

Agape ATP Corp

Nasdaq notified Agape ATP on Jan 18, 2024, that its bid price closed below $1 for 30 consecutive trading days.
Company has 180 days, until July 16, 2024, to regain compliance with Nasdaq Listing Rule 5550(a)(2).
If not cured, Agape may qualify for an additional 180-day period by meeting other listing standards and indicating intent to reverse split.
Management is evaluating options to regain compliance but provides no assurance of success.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Agape ATP Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

January 18, 2024, Agape ATP Corporation (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from November 30, 2023 to January 17, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share. Nasdaq has provided the Company with an 180 calendar days compliance period, or until July 16, 2024, in which to regain compliance with Nasdaq continued listi

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Agape ATP Corp filing history →

Source: SEC EDGAR

accession 0001493152-24-003174

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