|8-KFeb 5, 9:00 AM ET

Agape ATP Corp 8-K

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Agape ATP Corp Receives Nasdaq Delisting Notice for Low Share Price

What Happened
Agape ATP Corp (ATPC) announced in an 8-K that Nasdaq notified the company on January 27, 2026 that it did not meet the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). On February 2, 2026 Nasdaq sent a follow-up letter determining to delist the company because, as of January 30, 2026, the shares had closed at $0.10 or less for ten consecutive trading days under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks” Rule). The company issued a press release on February 5, 2026 and intends to request a hearing with the Nasdaq Hearings Panel by the February 9, 2026 deadline.

Key Details

  • Nasdaq initial notice dated January 27, 2026 citing 30-day closing bid below $1.00 (Rule 5550(a)(2)).
  • Nasdaq determination to delist issued February 2, 2026 based on closing bids of $0.10 or less for ten consecutive trading days (as of Jan 30, 2026).
  • Agape ATP intends to request a hearing with the Nasdaq Hearings Panel on or before February 9, 2026; hearing request fee is $20,000.
  • Filing notes that requesting a hearing will stay the suspension of trading and the filing of Form 25-NSE pending the Panel’s decision.

Why It Matters
A Nasdaq delisting determination is material for investors because it can affect trading liquidity, price discovery, and where the shares trade if ultimately removed from Nasdaq. The company’s timely request for a hearing pauses any immediate suspension or delisting procedures, giving Agape ATP an opportunity to present its case to the Hearings Panel. Investors should watch for the company’s hearing request, any corrective actions announced, and subsequent Nasdaq or Panel decisions.