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Agape ATP Corporation Regains Compliance with Nasdaq's Minimum Bid Price Rule KUALA LUMPUR, 19 SEPTEMBER 2024 - AGAPE ATP Corporation ("ATPC" or the Company) , is pleased to annou

Key Takeaway: Agape ATP Corporation (ATPC) has successfully regained compliance with the Nasdaq Stock Market's minimum bid price rule, confirming that its ordinary shares were priced at $1.00 or higher for 10 consecutive trading days. This compliance notification was received on September 17, 2024, and closes the matter with Nasdaq. The company focuses on providing health, wellness products, and energy-saving solutions, positioning itself favorably in the market.

Market Sentiment Analysis

POSITIVE FACTORS

  • Agape ATP Corporation has regained compliance with Nasdaq's minimum bid price rule.
  • The company's ordinary shares have maintained a bid price of $1.00 or greater for 10 consecutive trading days.
  • This achievement indicates financial stability and improved market performance for the company.

Full Press Release Details

Immediate Distribution
ATP Corporation Regains Compliance with Nasdaq's Minimum Bid Price Rule
LUMPUR, 19 SEPTEMBER 2024 -AGAPE ATP Corporation ("ATPC" or the Company), is pleased to announce
that it has regained compliance with the $1 minimum bid price requirement under the continued listing requirements of the Nasdaq Stock
Market LLC ("Nasdaq") and that the matter is now closed.
September 17, 2024, the Company received a written notification from Nasdaq's Listing Qualifications Department confirming that
the closing bid price of the Company's ordinary shares has been $1.00 per share or greater for 10 consecutive trading days, from
August 30, 2024 to September 16, 2024. Accordingly, the Company has successfully regained compliance with Nasdaq Listing Rule 5550(a)(2).
AGAPE ATP Corporation
ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation
built on two core business pillars, ATPC specialises in the provision of health and wellness products that caters to the diverse needs
of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower
companies to drive sustainability initiatives, reduce energy consumption, and achieve their sustainability goals.
more information, visit www.agapeatpgroup.com.
By: Swan Consultancy Sdn. Bhd. on behalf of Agape ATP Corporation
more information, please contact:
statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected benefits and outcomes
of the relaunch of ATPC Green Energy, the support from B&H Intec Solution, and the potential for energy-saving solutions in various
sectors. The words "anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "potential," "predict," "project,"
"should," "target," "will," "would," and similar expressions are intended to identify
forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are
not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the
Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including,
but not limited to, the Company's ability to execute its strategies, manage growth, and maintain its corporate culture; the Company's
future business development, financial conditions, and results of operations; expectations regarding demand for and market acceptance
of our products and services; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and business conditions in Malaysia and the international markets the Company
plans to serve, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company
with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements
in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and AGAPE ATP
Corporation specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future
events, or otherwise, except as required by law.

Frequently Asked Questions

What compliance did ATP Corporation regain with Nasdaq?

ATP Corporation has regained compliance with Nasdaq's $1 minimum bid price rule.

How long was ATPC's stock price above $1?

ATPC's closing bid price was $1.00 or greater for 10 consecutive trading days.

What sectors does ATP Corporation serve?

ATPC specializes in health and wellness products and energy-saving solutions.

Where can I find more information about ATPC?

More information is available at www.agapeatpgroup.com.

Who to contact for inquiries about AGAPE ATP Corporation?

For inquiries, contact j.wan@swanconsultancy.biz or m.tan@swanconsultancy.biz.

Last updated: Sep 17, 2024