ATA Creativity Global has entered into a share subscription agreement with Empire Fortune Management Limited, Apollo Wise Investment Limited, and Water River Capital Limited. Under the terms of the agreement, the company will issue and offer a total of 22,135,094 common shares, each with a par value of US$0.01, in the form of American depositary shares (ADSs), with each ADS representing two common shares. The agreement was formalized on November 17, 2025, following unanimous approval from the company's board of directors and audit committee. The transaction is conducted pursuant to a registration statement filed with the U.S. Securities and Exchange Commission.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ATA Creativity Global published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-007470), on January 28, 2026, and is solely responsible for the information contained therein.