M&A - Agape ATP Corp

Form Type: PRE 14A

Filing Date: 2025-01-10

Corporate Action: Acquisition

Type: New

Accession Number: 000149315225001589

Filing Summary: Agape ATP Corporation is soliciting proxies for a Special Meeting of Stockholders scheduled for February 5, 2025. The meeting is convened to discuss important proposals including the increase of authorized shares from 50,000,000 to 500,000,000, and the approval of a share issuance that would lead Regulation S investors to own 20% or more of the company’s Common Stock. The increase in authorized shares is aimed at providing flexibility for future financing and strategic initiatives, while the share issuance is necessary for compliance with Nasdaq rules, potentially affecting control of the company. Other agenda items include an adjournment proposal in case of insufficient votes. The board of directors encourages stockholders to vote as their participation is vital for the meeting proceedings.

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