ATA Creativity Global (AACG) AI Dilution Summary

Cash was $12,188,627 at the 2025-12-31 balance-sheet date. The most recent capital raised was a private placement closed 2026-07-21, which issued 45,306,732 shares at $0.4667 per share for gross proceeds of $21,145,961. Before that, a registered direct offering on 2026-01-28 raised $8,600,000 net.