February 26, 2024

BEIJING, Feb. 09, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced that it has received a letter from the Nasdaq Listing Qualifications Staff, dated February 7, 2024, notifying the Company that it has regained compliance with the minimum bid price requirement under the Listing Rules of The Nasdaq Stock Market. The letter noted that as a result of the closing bid price of the Company’s American depositary shares having been at $1.00 per share or greater for the last 10 consecutive business days, from January 17, 2024 to February 6, 2024, the Company has regained compliance with Listing Rule 5450(a)(1), and the matter is now closed.

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