Atif Holdings Stock Price, News & Analysis

ATIF Holdings Limited (NASDAQ: ATIF) is described in company communications as a Lake Forest-based business consulting company. According to its public statements, ATIF specializes in providing professional initial public offering (IPO) advisory, mergers and acquisitions (M&A) advisory, and post-IPO compliance services to small and medium-sized companies that seek to go public on a stock exchange in the United States.

The company is listed on the Nasdaq Stock Market under the ticker symbol ATIF for the historical period covered by this page. In later announcements, ATIF stated that it would change its Nasdaq ticker symbol from “ATIF” to “ZBAI,” and indicated that its ordinary shares would continue to be listed on Nasdaq under the new symbol. This means the ATIF symbol primarily represents the company’s earlier trading history, while more recent trading activity is associated with the ZBAI symbol.

Business focus and services

ATIF describes its core business as IPO consulting and capital markets advisory for companies that want to list on U.S. exchanges. Public news releases state that the company provides IPO advisory services, leads clients’ IPO processes, and engages third parties for audit, valuation, and stock exchange advisory work. These services are aimed at guiding clients through the complex process of going public and helping them navigate U.S. capital markets.

Company disclosures also refer to M&A advisory and post-IPO compliance services, indicating that ATIF’s role can extend beyond the initial listing to ongoing obligations after a company becomes public. ATIF characterizes its approach as offering one-stop consulting services that cover multiple stages of a client’s public market journey.

Clients and transaction examples

In its news releases, ATIF highlights several companies that it has consulted or coached through U.S. listings. These examples provide insight into the type of work ATIF undertakes:

• Armlogi Holding Corp. – described as a warehousing and logistics services provider that completed an IPO on Nasdaq after being consulted by ATIF.
• Massimo Group – identified as a company offering UTVs, off-road vehicles, and related products, which completed an IPO on Nasdaq with ATIF acting as a listing or IPO consultant.
• New Century Logistics (BVI) Limited – a freight forwarding service provider founded and based in Hong Kong, which completed an IPO on Nasdaq after being consulted by ATIF.
• Northann Corp. – described as a one-stop decoration solutions provider that listed on the New York Stock Exchange with guidance from ATIF’s subsidiary.

These transactions, as described in press releases, illustrate ATIF’s role in advising companies from different industries, including logistics, manufacturing, and consumer products, as they seek listings on Nasdaq or the New York Stock Exchange.

Advisory agreements and fee structures

ATIF’s announcements also provide examples of how it structures certain advisory engagements. In one case, the company disclosed that its subsidiary, ATIF Business Management LLC, entered into listing advisory services agreements with U.S.-based technology companies and was expected to receive equity in the form of shares as a service fee. In another case, ATIF reported a listing advisory services agreement with a U.S.-based electronic technology innovation products company for a specified cash amount.

These examples indicate that ATIF may receive compensation in different forms, such as equity stakes or cash fees, in connection with its IPO advisory services, as described in its own announcements. The specific terms vary by agreement and are outlined in the relevant press releases.

Geographic orientation and market focus

Company descriptions in its news releases state that ATIF is based in Lake Forest and that it serves small and medium-sized companies seeking to go public on a U.S. stock exchange. ATIF notes that it has delivered U.S. IPO consulting services to clients primarily in the United States, and also to clients internationally. This suggests that while its focus is on U.S. capital markets, its client base can include companies from outside the United States that want to access those markets.

Awards and recognition

In multiple public statements, ATIF reports that it has been awarded the “Golden Bauhinia Award”, described as the highest award in the financial and securities industry in Hong Kong, in the category of “Top 10 Best Listed Companies.” This award is cited by the company as a form of external recognition related to its listing and presence in the financial sector.

Capital markets activity of ATIF itself

Beyond its advisory work for clients, ATIF also undertakes its own capital markets transactions. In one news release, the company announced that it had entered into definitive agreements with an institutional investor for a registered direct offering of ordinary shares and pre-funded warrants, along with a concurrent private placement of warrants. The company stated that it expected aggregate gross proceeds of approximately a specified amount and that it planned to use net proceeds for general corporate purposes and working capital.

The registered direct offering was described as being made under an effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (SEC). The company also noted that the private placement securities were offered only to accredited investors and were not registered under the Securities Act of 1933, as amended, at the time of the transaction.

Ticker symbol change and historical context

ATIF publicly announced that it planned to change, and then to change, its Nasdaq ticker symbol from “ATIF” to “ZBAI”. The company stated that its ordinary shares would continue to be listed on Nasdaq and that no action would be required by existing shareholders with respect to the symbol change. It also indicated that the CUSIP would remain unchanged.

For investors and researchers reviewing this page, the ATIF symbol reflects the company’s historical identity and trading under that ticker. For more recent trading and disclosures, company communications direct attention to the ZBAI symbol, which the company uses in later news releases describing itself and its offerings.

Historical Polygon description

A historical third-party description characterizes ATIF Holdings Limited as a holding company that, through its subsidiaries, provides financial planning and investment advisory services to small and medium-sized enterprises, including asset allocation, financial management, training, and capital restructuring services. This description may predate the more detailed company narratives in recent press releases and should be considered in light of the company’s own, more current descriptions of itself as a business consulting and IPO advisory firm.

How ATIF fits within its sector

Based on the information provided, ATIF operates within the broader area of professional services related to capital markets. Its role, as described in its own announcements, is to help small and medium-sized companies navigate the steps required to become publicly listed in the United States, and to support them with advisory and compliance services after listing. The examples of client IPOs and listing advisory agreements in its news releases offer concrete illustrations of this business focus.

Frequently asked questions about ATIF stock

The ATIF ticker is relevant for understanding the company’s earlier trading history on Nasdaq and for reviewing historical news and descriptions that reference this symbol. Later company communications use the ZBAI symbol when describing the same corporate entity’s ongoing activities, offerings, and capital markets transactions. Investors researching ATIF may therefore wish to review information under both symbols for a fuller historical picture, while always referring back to official company filings and announcements for definitive details.