|8-KFeb 6, 11:00 AM ET

Agape ATP Corp 8-K

Research Summary

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Updated

Agape ATP Corp Announces 1-for-50 Reverse Stock Split

What Happened

  • Agape ATP Corp (ATPC) filed an 8-K reporting it will effect a 1-for-50 reverse stock split of its common stock on February 9, 2026 (the "Reverse Stock Split"). The stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market when the market opens on February 10, 2026.
  • At the company’s January 30, 2026 annual meeting, shareholders approved an amendment to the Articles of Incorporation permitting one or more reverse splits of up to 1-for-5,000; the board selected a 1-for-50 split. The company also furnished a press release dated February 6, 2026 announcing the anticipated completion.

Key Details

  • Reverse split ratio: 1-for-50 (effective Feb 9, 2026; trading adjusted Feb 10, 2026).
  • New CUSIP after split: 008389306; trading symbol remains “ATPC.”
  • No fractional shares will be issued; fractional interests will be rounded up to the nearest whole share.
  • The authorized number of common shares will not change; the company will adjust outstanding equity awards and option exercise prices to reflect the split.

Why It Matters

  • The reverse split will consolidate outstanding shares and proportionally increase the per-share price (total market value unchanged in theory). This is a corporate action that directly changes share count and per-share metrics investors use to value holdings.
  • Investors should note the trading date change (Feb 10, 2026), the new CUSIP, and that option and award terms will be adjusted; these are administrative effects investors and option holders will see reflected on account statements and in outstanding awards documentation.
  • The company’s press release about the Reverse Stock Split is included as Exhibit 99.1 to the 8-K.