ATIF Signs Two New Listing Advisory Agreements

Rhea-AI Summary

ATIF Holdings (NASDAQ: ATIF) has announced that its subsidiary, ATIF Business Management , has signed listing advisory services agreements with two U.S.-based technology companies. As part of the deal, ATIF will receive 2% equity in shares from each client as a service fee. The company will provide IPO advisory services and lead the IPO process, including engaging third parties for audit, valuation, stock exchange advisory, and investor relations services.

ATIF's CEO, Liu Jun, expressed confidence in the company's ability to deliver superior solutions and quality products while protecting client privacy and trade secrets. The agreements establish a foundation for future cooperation and service support. ATIF specializes in professional IPO, M&A advisory, and post-IPO compliance services for small and medium-sized companies seeking to go public in the United States.

Positive

• Signed listing advisory agreements with two U.S. technology companies
• Will receive 2% equity in shares from each client as service fee
• Expands client base in the technology sector
• Potential for future service opportunities with new clients

Negative

• None.

IRVINE, Calif., July 21, 2024 /PRNewswire/ -- ATIF Holdings Limited (NASDAQ: ATIF, the "Company" or "ATIF") announced that its subsidiary ATIF Business Management LLC has entered into a listing advisory services agreement with two U.S. based technology companies. ATIF is expected to receive 2% of equity in shares from each company as service fee.

Under the terms of the agreement, the Company will provide the clients with IPO advisory services and lead the clients' IPO process through the company's team and the engagement of third parties for audit, valuation, stock exchange advisory, investor relations and other IPO services.

Liu Jun, president, chairman of the board and chief executive officer of ATIF, said: "ATIF has always been committed to providing clients with superior solutions and quality products, as well as protecting their privacy and trade secrets. We are deeply honored to have earned our customers' trust in ATIF and will make every effort to ensure the smooth progress of the cooperation. We are confident that through our expertise and experience, we will be able to provide our customers with the best solutions to achieve mutual success. With this cooperation, the two parties have established a close cooperation relationship and a foundation of mutual trust, and we hope to provide more service support to our customers in the future."

About ATIF

ATIF Holdings Limited (NASDAQ: ATIF) is 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. The company has a proven track record in successfully delivering comprehensive U.S. IPO consulting services to clients primarily in the United States but also internationally. The mission of ATIF is to provide one-stop, comprehensive consulting services that guide clients through the complex and often challenging process of going public. ATIF recognizes the complexity and challenges associated with the process of going public, and endeavors to simplify it while ensuring optimal outcomes for its clients through its comprehensive consulting services. ATIF has been awarded the "Golden Bauhinia Award", the highest award in the financial and securities industry in Hong Kong, for "Top 10 Best Listed Companies".

Forward-Looking Statements

Certain statements in this press release are "forward-looking statements" within the meaning of the "safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, "estimated," "projected," Words such as "expect", "anticipate", "predict", "plan", "intend", "believe", "seek", "may", "will", "should", "future", "propose" and variations of these words or similar expressions (or the opposite of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements do not guarantee future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control and may cause actual results or achievements to differ materially from those discussed in the forward-looking statements. Important factors include future financial and operating results, including revenues, income, expenses, cash balances and other financial items; Ability to manage growth and expansion; Current and future economic and political conditions; The ability to compete in industries with low barriers to entry; The ability to obtain additional financing to fund capital expenditure in the future. Ability to attract new customers and further enhance brand awareness; Ability to hire and retain qualified management and key staff; Trends and competition in the financial advisory services industry; Pandemic or epidemic disease; Except as required by law, the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the expected results expressed or implied by the forward-looking statements we make. You should not interpret forward-looking statements as predictions of future events. Forward-looking statements represent only the beliefs and assumptions of our management as of the date such statements are made. The above forward-looking statements are made as of the date of this press release.

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SOURCE ATIF Holdings Limited

FAQ

What new agreements has ATIF Holdings (NASDAQ: ATIF) signed recently?

ATIF Holdings has recently signed listing advisory services agreements with two U.S.-based technology companies through its subsidiary ATIF Business Management

How will ATIF be compensated for its services under these new agreements?

ATIF will receive 2% of equity in shares from each company as a service fee for providing IPO advisory services and leading the IPO process.

What specific services will ATIF provide to these new clients?

ATIF will provide IPO advisory services and lead the IPO process, including engaging third parties for audit, valuation, stock exchange advisory, investor relations, and other IPO-related services.

What is ATIF Holdings 's main business focus?

ATIF Holdings 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.