Welcome to our dedicated page for Atif Holdings news (Ticker: ZBAI), a resource for investors and traders seeking the latest updates and insights on Atif Holdings stock.
ATIF Holdings Limited (ZBAI) is a leading financial consulting firm specializing in IPO guidance and corporate advisory services. This news hub provides investors and business professionals with timely updates on strategic developments, regulatory compliance matters, and market positioning.
Access official press releases and verified news covering mergers & acquisitions, public offering consultations, and post-IPO support services. Our curated collection helps stakeholders track corporate milestones, leadership changes, and service expansions affecting SMEs in U.S. financial markets.
Key updates include earnings announcements, partnership formations, and regulatory filings. Bookmark this page for direct access to primary source materials about ZBAI's advisory engagements and corporate governance developments.
ATIF Holdings Limited (NASDAQ:ZBAI) has entered into a non-binding letter of intent (LOI) to acquire 100% equity of Mask Global Market Co. Ltd., a Dubai-headquartered cryptocurrency exchange company. The acquisition will be executed through the issuance of ZBAI Class A ordinary shares.
The deal values Mask Global between $450 million and $550 million according to Valtech's 2023 evaluation report. The LOI includes a 60-day exclusivity period for due diligence and negotiation of definitive agreements. The merger aims to enhance ZBAI's presence in Web2 and Web3 sectors, combining ZBAI's capital market platform with Mask Global's operational expertise.
ATIF Holdings (NASDAQ: ZBAI) has announced a 1-for-18 reverse share split effective August 8, 2025. The company's outstanding ordinary shares will be reduced from approximately 18.2 million to 1.01 million shares. The stock will continue trading under the symbol "ZBAI" with a new CUSIP number G0602B118.
The reverse split aims to help ATIF regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The split will also affect shares issuable under outstanding derivative securities and equity incentive plans, with proportionate adjustments to exercise prices. Transhare Corporation will serve as the exchange agent, with no action required from shareholders holding shares in book-entry form or brokerage accounts.
ATIF Holdings (NASDAQ: ZBAI) has announced the closing of its previously announced $2.5 million registered direct offering and concurrent private placement with an institutional investor. The transaction, completed on February 5, 2025, included:
- Sale of 1,580,000 ordinary shares
- Pre-Funded Warrants to purchase 887,553 shares
- Warrants to purchase shares at $1.20 exercise price
The offering price was set at $1.00 per share (or $0.99 for Pre-Funded Warrants with $0.01 exercise price). The Pre-Funded Warrants are immediately exercisable. R. F. Lafferty & Co. acted as exclusive placement agent. The company plans to use the net proceeds for general corporate purposes and working capital.
New Century Logistics (NASDAQ: NCEW), a Hong Kong-based freight forwarding service provider consulted by ATIF Holdings (NASDAQ: ZBAI), has successfully completed its IPO on the Nasdaq Exchange. The company offered 1,500,000 shares at $4.00 per share, aiming to raise $6,000,000. New Century provides comprehensive freight forwarding services, including cargo space sales, pick-up, security screening, palletization, documentation, customs clearance, and port handling. Trading commenced on December 18, 2024. ZBAI's CEO Jun Liu expressed enthusiasm about the listing, viewing it as both a recognition of past achievements and a stepping stone for future growth.
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