UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01 Entry into a Material Definitive Agreement.
As previously disclosed in the Current Report on Form 8-K filed by the Company with the SEC on March 5, 2025, on February 28, 2025, Agape ATP Corporation (the “Company”), entered into certain subscription agreements (the “Subscription Agreements”) with certain non-U.S. investors (“Investors”), providing for the sale and issuance of 46,000,000 shares of the Company’s common stock, par value US$0.0001 per share, for an aggregate purchase price of US$23,000,000, at a price of US$0.50 per share, payable to the Company in Renminbi at an agreed exchange rate of US$1.00 to RMB7.2501, in reliance on the registration exemptions provided under Regulation S of the Securities Act (the “Private Placement”). The Private Placement closed on March 24, 2025. Upon closing, the Company issued a total of 46,000,000 shares of the Company’s common stock to the Investors following receipt of the total purchase price. Following such issuance, the Company had a total of 50,005,381 shares of common stock issued and outstanding as of March 24, 2025.
Item 3.02. Unregistered Sales of Equity Securities.
The information provided in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 3.02.
Item 7.01 Regulation FD Disclosure.
On March 25, 2025, the Company published a press release announcing the closing of the Private Placement, a copy of which is attached herein as Exhibit 99.1.
The information set forth under Item 7.01 of this Current Report on Form 8-K and the attached Exhibit 99.1 are being furnished and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing. The furnishing of this information hereby shall not be deemed an admission as to the materiality of any such information.
Item 9.01. Financial Statements and Exhibits.
Exhibit Index
Exhibit No. | Description | |
99.1 | Press Release dated March 25, 2025. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AGAPE ATP CORPORATION | ||
Date: March 25, 2025 | By: | /s/ How Kok Choong |
Name: | How Kok Choong | |
Title: | Chief Executive Officer, President, Director, Secretary and Treasurer (Principal Executive Officer) |
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