ATA Creativity Global closes US$21.15 million private placement at US$0.47 per share

AACG•2026-07-22

Private placement closed on July 21, 2026

ATA Creativity Global closed a private placement on July 21, 2026, issuing 45,306,732 restricted common shares to an unaffiliated investor.

The shares were sold at US$0.47 each for gross proceeds of US$21.15 million.

The investor’s stake represents about 34.51% of total voting power, and shares outstanding increased to 136,928,040.

An investor rights agreement grants co-sale rights to existing shareholders and includes customary demand registration and piggyback registration rights.

Sources

ATA Creativity Global closes US$21.15 million private placement at US$0.47 per share

Sec

ATA Creativity Global closes US$21.15 million private placement at US$0.47 per share

Private placement closed on July 21, 2026

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Sources

ATA Creativity Global closes US$21.15 million private placement at US$0.47 per share

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