Oriental Culture shares jump 20.91% premarket after halting 12-month ATM share sales program.

Oriental Culture Holding surged 20.91% in premarket trading following the announcement that it has halted its $200 million ATM share program. The company had sold 5,666,684 post-split ordinary shares under the program by February 3, 2026, but the suspension suggests a strategic shift to reduce further equity dilution, which may be viewed favorably by investors. The move aligns with the stock’s upward movement, indicating improved market sentiment toward the company’s capital-raising strategy.