ATA Creativity Global Announces Entry into Agreement for Registered Direct Offering of Its ADSs | AACG Stock News

StockTitan
2025.11.18 14:15
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ATA Creativity Global announced a registered direct offering of 11,067,547 ADSs at $0.8 per ADS, raising approximately $8.85 million. The offering is subject to customary closing conditions and involves a lock-up agreement until April 30, 2026. The proceeds will be used for general working capital. The offering is part of the company's effective shelf registration statement filed with the SEC.