ATA Creativity Global (AACG) has released an update.
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ATA Creativity Global has successfully regained compliance with Nasdaq’s minimum bid price requirement, ensuring stability in its stock value. However, the company faces a challenge with its stockholders’ equity, which currently falls short of the Nasdaq’s $10 million requirement. ACG is actively working on a plan to address this deficiency and maintain its Nasdaq listing.
For further insights into AACG stock, check out TipRanks’ Stock Analysis page.