Exciting News for ATIF Holdings Limited
ATIF Holdings Limited secures $2.5 million in funding
Lake Forest, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — ATIF Holdings Limited (Nasdaq: ZBAI) (the “Company”), a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States, today announced that it has entered into definitive agreements with an institutional investor for the purchase and sale of its ordinary shares, par value $0.001 per share (“Ordinary Shares”) and pre-funded warrants to purchase Ordinary Shares (each, a “Pre-Funded Warrant”) in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investor warrants to purchase Ordinary Shares (the “Warrants”). Aggregate gross proceeds to the Company from both transactions are expected to be approximately $2.5 million.
ATIF Holdings Limited has always been dedicated to helping small and medium-sized companies navigate the complexities of going public on a stock exchange in the United States. This new funding will allow the Company to further expand its services and reach even more companies in need of professional IPO, M&A advisory, and post-IPO compliance services.
This partnership with an institutional investor not only provides financial support to ATIF Holdings Limited but also demonstrates confidence in the expertise and capabilities of the Company. The additional funding will enable ATIF Holdings Limited to enhance its offerings and better serve its clients, ultimately contributing to the success of more companies entering the stock market.
With $2.5 million in aggregate gross proceeds, ATIF Holdings Limited is poised to take its business consulting services to new heights. This funding represents a significant milestone for the Company and sets the stage for continued growth and success in the future.
Impact on Me
As a small or medium-sized company looking to go public, the news of ATIF Holdings Limited securing $2.5 million in funding is promising. This demonstrates the Company’s commitment to providing top-notch services and support to businesses like mine, making the process of going public smoother and more successful.
Impact on the World
The financial industry plays a crucial role in the global economy, and companies like ATIF Holdings Limited are instrumental in helping businesses navigate the complexities of going public. The $2.5 million funding secured by ATIF Holdings Limited will not only benefit the Company itself but also contribute to the growth and success of the businesses it serves, ultimately impacting the world economy in a positive way.
Conclusion
The announcement of ATIF Holdings Limited securing $2.5 million in funding marks an exciting development for the Company and the businesses it supports. This funding will enable ATIF Holdings Limited to expand its services and reach, providing even more companies with the guidance and expertise needed to navigate the process of going public. As a result, both individual businesses and the global economy stand to benefit from this significant milestone.
