Summary by Futu AI
Agape ATP Corporation has successfully regained compliance with Nasdaq's minimum bid price listing requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on September 17, 2024, after maintaining a closing bid price of $1.00 or higher for 10 consecutive trading days from August 30 to September 16, 2024.This development resolves the compliance issue that began on January 22, 2024, when the company was first notified of falling below the $1.00 per share requirement. The company had been given until July 16, 2024, to meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), and has now successfully satisfied this condition.