ATA Creativity Global Secures $8.85M In Registered Direct Offering Of 11.07M ADSs At $0.80 Per Share

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, on November 17, 2025, it entered into a subscription agreement (the "Subscription Agreement", which is attached hereto as Exhibit 99.1) with three purchasers (the "Purchasers") for a registered direct offering of 11,067,547 of its American Depositary Shares ("ADSs"), each ADS representing two common shares of the Company with a par value of US$0.01 per share (the "Common Shares") at the price of $0.8 per ADS (equivalent to $0.4 per Common Share) (the "Registered Direct Offering"). The gross proceeds to the Company from the Registered Direct Offering are estimated to be approximately $8.85 million before deducting any estimated offering expenses payable by the Company. The closing of the Registered Direct Offering is subject to certain customary closing conditions stipulated in the Subscription Agreement.