Agape ATP, a Malaysian direct sales company offering supplements and skincare products, raised $7 million by offering 1.7 million shares at $4, as expected.
Agape ATP sells a variety of dietary supplements and skincare products through a direct sales model, primarily targeting distributors in Malaysia. The company also runs an advisory services center called the “ATP Zeta Health Program”, which it states is designed to promote improved health and longevity through a combination of health supplements, nutrition, and advice from nutritionists and/or dieticians.
Agape ATP plans to list on the Nasdaq under the symbol ATPC. Network 1 Financial Securities acted as sole bookrunner on the deal.
