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ATIF closes $20M stock deal for GoldCoin Labs

ATIF Holdings closed its all-share acquisition of GoldCoin Labs, issuing about $20 million in stock and expanding into gold-backed digital assets.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

ATIF Holdings Limited (AUC) completed the acquisition of GoldCoin Labs Limited on September 9, 2026, becoming its 100% shareholder. As consideration, ATIF issued 2,815,005 ordinary shares, valued at approximately $20 million based on a five-trading-day volume-weighted average price under the acquisition agreement. Immediately after closing, ATIF had 22,128,378 ordinary shares issued and outstanding. GoldCoin is developing infrastructure for Metra Gold (GOLDM), a tokenized digital representation of physical gold, with each token intended to represent one gram of LBMA Good Delivery gold and be backed 1:1 by physical reserves. ATIF’s board obtained an independent fairness opinion concluding the transaction is fair from a financial point of view and unanimously approved it. The GoldCoin shareholder agreed to a 180-day lock-up on the ATIF shares received.

Positive

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Negative

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Filing Explained

ATIF completed the acquisition, but issuing 2,815,005 shares reduces existing holders’ percentage ownership absent offsetting changes.

Form 6-K is an interim report for material home-market information. Here, ATIF Holdings reports that its GoldCoin acquisition closed on September 9, 2026, with 2,815,005 ordinary shares issued to the seller; the completed issuance increases the share count and creates a dilution effect for existing holders absent offsetting changes.

The filing states that 22,128,378 ordinary shares were issued and outstanding immediately after closing. The GoldCoin platform itself remains under development, with its products and services subject to regulatory requirements, custody and reserve arrangements, technology development, and market adoption.

Those conditions are the material unresolved items identified in the accompanying press release; the filing does not report completion of the platform’s commercial or regulatory rollout.

Shares issued as consideration 2,815,005 ordinary shares ATIF shares issued to GoldCoin shareholder on September 9, 2026
Share consideration value $20 million (approximately) Value of 2,815,005 shares based on five-trading-day VWAP in Acquisition Agreement
Shares outstanding post-closing 22,128,378 ordinary shares ATIF ordinary shares issued and outstanding immediately after closing
Lock-up period 180 days Lock-up on ATIF shares received by GoldCoin shareholder from September 9, 2026
GOLDM token gold backing 1 gram per token, 1:1 backed Each Metra Gold (GOLDM) token intended to represent one gram of fine gold
GoldCoin incorporation date December 2025 GoldCoin, the acquired company, was incorporated in December 2025
Acquisition closing date September 9, 2026 Date ATIF became 100% shareholder of GoldCoin and closed the acquisition
gold-backed digital asset financial
"developing gold-backed digital asset issuance infrastructure"
tokenized digital representation financial
"Metra Gold (GOLDM), a tokenized digital representation of physical gold"
London Bullion Market Association Good Delivery financial
"fine gold meeting London Bullion Market Association Good Delivery requirements"
volume-weighted average price financial
"based on a five-trading-day volume-weighted average price mechanism"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
lock-up agreement financial
"entered into a 180-day lock-up agreement, commencing on September 9, 2026"
A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.
forward-looking statements regulatory
"This press release contains forward-looking statements, including statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What acquisition did ATIF Holdings (AUC) just complete?

ATIF Holdings completed the acquisition of GoldCoin Labs Limited, becoming its 100% shareholder on September 9, 2026, by issuing ordinary shares as consideration under a previously announced acquisition agreement.

How much stock did ATIF Holdings (AUC) issue for the GoldCoin acquisition?

ATIF issued 2,815,005 ordinary shares, par value $0.001 per share, to the GoldCoin shareholder as consideration. This share consideration was valued at approximately $20 million using a five-trading-day volume-weighted average price mechanism.

How many ATIF Holdings (AUC) shares are outstanding after the GoldCoin deal?

Immediately following the closing of the acquisition, ATIF Holdings had 22,128,378 ordinary shares issued and outstanding, reflecting the new shares issued to the GoldCoin shareholder.

What business is GoldCoin Labs bringing to ATIF Holdings (AUC)?

GoldCoin Labs is developing infrastructure for Metra Gold (GOLDM), a tokenized digital representation of physical gold where each token is intended to represent one gram of LBMA Good Delivery gold and be backed 1:1 by physical reserves.

Is there a lock-up on the ATIF (AUC) shares issued in the GoldCoin acquisition?

Yes. The GoldCoin shareholder entered into a 180-day lock-up agreement starting September 9, 2026, covering the ATIF ordinary shares received in the acquisition, subject to the terms and exceptions specified in the agreement.

Did ATIF’s board obtain a fairness opinion for the GoldCoin transaction?

ATIF’s board of directors obtained an independent fairness opinion from Pinetree Advisory and Valuation Limited, which concluded the transaction is fair from a financial point of view to ATIF and its shareholders, and the board unanimously approved the deal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-38876

 

ATIF Holdings Limited

(Translation of registrant’s name into English)

 

420 Goddard

Irvine, CA

308-888-8888 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒        Form 40-F ☐

 

 

 

 

 

Closing of an Acquisition

 

As previously disclosed, on July 30, 2026, ATIF Holdings Limited (the “Company”) entered into an acquisition agreement (the “Acquisition Agreement”) with GoldCoin Labs Limited, a British Virgin Islands business Company (“GoldCoin”) and the sole shareholder of GoldCoin (the “Shareholder”), pursuant to which the Company agreed to acquire all equity interests of GoldCoin from the Shareholder (the “Acquisition”).

 

On September 9, 2026, the Company became the 100% shareholder of GoldCoin, and issued 2,815,005 ordinary shares, par value $0.001 per share (the “Ordinary Shares”) to the Shareholder. Accordingly, the Acquisition was closed on September 9, 2026, upon satisfaction of all closing conditions as set forth in the Acquisition Agreement or wavier thereof. Immediately following the closing of the Acquisition, the Company has 22,128,378 Ordinary Shares issued and outstanding.

 

Concurrently with the furnishing of this report, the Company is also issuing a press release announcing the closing of the acquisition. A copy of the press release is furnished as Exhibit 99.1 hereto.

 

1

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Acquisition Agreement by and among the Company, GoldCoin and the Shareholder (Incorporated by reference to Exhibit 10.1 to the Company’s Report on Form 6-K filed with the SEC on July 31, 2026)
10.2   Form of the Lock-Up Agreement (Incorporated by reference to Exhibit 10.2 to the Company’s Report on Form 6-K filed with the SEC on July 31, 2026)
99.1   Press Release

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Dated: September 10, 2026 ATIF Holdings Limited
   
  By: /s/ Dr. Kamran Khan
  Name: Dr. Kamran Khan
  Title: Chief Executive Officer

 

3

 

Exhibit 99.1

 

ATIF Holdings Limited Completes Acquisition of GoldCoin Labs, Expanding into Gold-Backed Digital Asset Sector

 

IRVINE, Calif., Sept. 10, 2026 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (Nasdaq: AUC) (the “Company”), a Nasdaq-listed holding company, today announced the completion of its acquisition of GoldCoin Labs Limited (“GoldCoin”), a British Virgin Islands company developing gold-backed digital asset issuance infrastructure.

 

As previously announced on July 30, 2026, the Company entered into a definitive acquisition agreement with GoldCoin and its sole shareholder (the “GoldCoin Shareholder”) to acquire all equity interests of GoldCoin (the “Acquisition Agreement”). On September 9, 2026, the Company became the 100% shareholder of GoldCoin and issued 2,815,005 ordinary shares of the Company, par value $0.001 per share (each, an “Ordinary Share”, and collectively, the “Ordinary Shares”), to GoldCoin Shareholder as consideration. The consideration was valued at approximately $20 million, based on a five-trading-day volume-weighted average price mechanism specified in the Acquisition Agreement.

 

Immediately following the closing, the Company has 22,128,378 Ordinary Shares issued and outstanding.

 

Strategic Rationale

 

GoldCoin, incorporated in December 2025, is developing the issuance and related infrastructure for Metra Gold (GOLDM), a tokenized digital representation of physical gold. Each GOLDM token is intended to represent one gram of fine gold meeting London Bullion Market Association Good Delivery requirements and is intended to be backed on a 1:1 basis by physical gold. GoldCoin’s business model contemplates token issuance and redemption, third-party custody of underlying gold, reserve verification, and blockchain-based transfer and settlement.

 

The Company’s board of directors obtained an independent fairness opinion from Pinetree Advisory and Valuation Limited, which concluded that the transaction is fair from a financial point of view to the Company and its shareholders. The board unanimously approved the transaction after considering the strategic rationale, market opportunity, and regulatory considerations, among other things.

 

The board believes the acquisition provides the Company with exposure to the growing tokenized real-world asset sector through GoldCoin’s gold-tokenization platform, complementing the Company’s existing digital-asset strategy. Since June 2025, the Company has started to explore various digital assets business including purchase and mining of bitcoins, investments in tokens such as AI Agent Proxy Protocol (AIAPP) etc. The acquisition of GoldCoin is expected to further diversify the Company’s business, expand its potential revenue sources, and provide a scalable platform for future product development and commercial collaborations.

 

 

Lock-Up Agreement

 

In connection with the closing, GoldCoin Shareholder entered into a 180-day lock-up agreement, commencing on September 9, 2026, covering the Ordinary Shares it received pursuant to the Acquisition Agreement, subject to the terms and exceptions set forth therein.

 

About ATIF Holdings Limited

 

Since its Nasdaq listing in April 2019, ATIF Holdings Limited has provided business advisory, M&A planning, and financial consulting services to small and medium-sized enterprises across Hong Kong, the United States, and Singapore, covering the full advisory lifecycle including due diligence reviews, business plan preparation, corporate restructuring, pre-IPO training, and investor sourcing. Since June 2025, the Company also started to explore digital assets related business.

 

Forward-Looking Statements

 

This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the proposed acquisition of Best Praise, the expected benefits of the acquisition, the anticipated complementary nature of the acquired patent portfolio, the potential for product development, licensing, commercialization or other opportunities arising from the acquired intellectual property, the expected impact on the Company’s asset base and capital position, and the Company’s long-term business strategy. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, regulatory changes, market conditions, competition, technology development, and the ability to successfully integrate and operate acquired businesses and other risks and uncertainties described in the Company’s most recent annual report on Form 20-F and other filings with the U.S. Securities and Exchange Commission. The development, implementation, and availability of GoldCoin’s products and services remain subject to applicable regulatory requirements, custody and reserve arrangements, technology development, and market adoption. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except to the extent required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

 

Contact:

 

kamrankhan@zbai.co

Chief Executive Officer

ATIF Holdings Ltd

 

Filing Exhibits & Attachments

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