ATA Creativity Global consummated a private placement on July 21, 2026, issuing 45,306,732 restricted common shares to an unaffiliated investor at $0.46667 per share. The transaction generated gross proceeds of $21,145,961 and resulted in the investor holding approximately 34.51% of the company's total voting power. Following the closing, the company has 136,928,040.4387 common shares issued and outstanding. The transaction included an investor rights agreement providing co-sale, demand registration, and piggyback registration rights to the investor and certain existing shareholders. ATA Creativity Global is a Cayman Islands exempted company operating in the technology and creative services sector.

Jun Zhang and Andrew Y. Yan resigned from the Board of Directors effective June 30, 2026, citing personal reasons. The Board appointed Ruobai Sima, the current CFO, current Chief Financial Officer, and Han Jiang to the Board effective July 1, 2026. ATA Creativity Global operates in the creative and art-related industries through its focus on art education and art investment.

On June 30, 2026, ATA Creativity Global completed the sale of its direct and indirect subsidiaries, ATA Testing Authority (Holdings) Limited and a 69.0417% equity interest in Beijing Huanqiuyimeng Education Consultation Corp., to Robox Holding Limited. The disposition was executed for a nominal cash consideration of RMB 1. The company provided unaudited pro forma financial statements for the year ended December 31, 2025, to reflect the impact of this transaction. ATA Creativity Global operates in the education and testing services industry.