Agape ATP Corp Files 8-K on Security Holder Rights
Ticker: ATPC · Form: 8-K · Filed: Aug 28, 2024 · CIK: 1713210
| Field | Detail |
|---|---|
| Company | Agape Atp Corp (ATPC) |
| Form Type | 8-K |
| Filed Date | Aug 28, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing-update
TL;DR
Agape ATP Corp filed an 8-K, expect changes to security holder rights and bylaws.
AI Summary
Agape ATP Corporation filed an 8-K on August 28, 2024, reporting material modifications to security holder rights and amendments to its articles of incorporation or bylaws. The filing also includes Regulation FD disclosures and financial statements/exhibits. The earliest event reported was on August 15, 2024.
Why It Matters
This filing indicates potential changes affecting the rights of Agape ATP Corporation's security holders and updates to its corporate governance documents.
Risk Assessment
Risk Level: medium — Filings related to modifications of security holder rights and amendments to corporate bylaws can signal significant internal changes that may impact stock value.
Key Players & Entities
- Agape ATP Corporation (company) — Registrant
- August 28, 2024 (date) — Date of Report
- August 15, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
FAQ
What specific modifications were made to the rights of security holders?
The filing indicates 'Material Modifications to Rights of Security Holders' as an item information, but the specific details of these modifications are not provided in the excerpt.
What amendments were made to the Articles of Incorporation or Bylaws?
The filing lists 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item information, but the specific amendments are not detailed in the provided text.
What is the significance of the Regulation FD Disclosure?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to the public simultaneously, preventing selective disclosure to certain investors.
When was Agape ATP Corporation incorporated?
Agape ATP Corporation was incorporated in Nevada, as indicated by the 'State of incorporation' field.
What is the company's primary business sector?
Agape ATP Corporation's Standard Industrial Classification (SIC) code is 8000, which corresponds to Health Services.
Filing Stats: 846 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-08-28 09:01:00
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share ATPC NASDAQ Capital Mark
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex3-1.htm (EX-3.1) — 2KB
- ex99-1.htm (EX-99.1) — 16KB
- ex3-1_001.jpg (GRAPHIC) — 21075KB
- ex99-1_002.jpg (GRAPHIC) — 18KB
- 0001493152-24-034125.txt ( ) — 29285KB
- atpc-20240828.xsd (EX-101.SCH) — 3KB
- atpc-20240828_lab.xml (EX-101.LAB) — 33KB
- atpc-20240828_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 28, 2024 (August 15, 2024) AGAPE ATP CORPORATION (Exact name of registrant as specified in its charter) Nevada 001-41835 36-4838886 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1705 – 1708, Level 17, Tower 2, Faber Towers , Jalan Desa Bahagia , Taman Desa , Kuala Lumpur , Malaysia 58100 (Address of principal executive offices) (Zip Code) +(60) 192230099 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share ATPC NASDAQ Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 3.03 Material Modification to Rights of Security Holders. To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference. Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year. Agape ATP Corporation (the "Company") filed on August 15, 2024 a Certificate of Change Pursuant to NRS 78.209 of the Company with the Secretary of State of the State of Nevada (the "Certificate of Change") to effect a 1-for-20 reverse stock split (the "reverse stock split") of the shares of the Company's common stock, par value $0.0001 per share (the "Common Stock") on August 30, 2024. The Certificate of Change also decreases the number of authorized shares of Common Stock from 1,000,000,000 to 50,000,000. No fractional shares will be issued in connection with the reverse stock split and fractional shares will be rounded up to the nearest whole number. The Common Stock will begin trading on a reverse stock split-adjusted basis on the Nasdaq Capital Market when the market opens on August 30, 2024. The trading symbol for the Common Stock will remain "ATPC." The Common Stock was assigned a new CUSIP number (008389 207) following the reverse stock split. The Company will adjust the number of shares available for the number of outstanding awards, the exercise price per share of outstanding stock options and other terms of outstanding awards issued to reflect the effects of the reverse stock split. The foregoing description of the Certificate of Change does not purport to be complete and is qualified in its entirety by reference to the Certificate of Change, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosures. On August 28, 2024, the Company issued a press release announcing the anticipated completion of the reverse stock split. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 7.01 and the accompanying exhibit is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of Section 18. Furthermore, the information contained in this Item 7.01 and the accompanying exhibit shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. Item 9.01. Financial Statements and Exhibits. c) Exhibits 3.1 Certificate of Change of Agape ATP Corporation 99.1 Press Release, dated August 28, 2024 104 Cover Page Interactive Data File (