ATIF Holdings Limited Completes First Day of Trading on the Nasdaq Capital Market

ATIF logo

ATIF Holdings Limited (“ATIF”, or the “Company”), a company providing financial consulting services to small and medium-sized enterprises in Asia, announced that its ordinary shares commenced trading on the Nasdaq Capital Market under the ticker symbol “ATIF.”

On April 29, 2019, the Company completed the closing of its initial public offering (the “Offering”) of 2,074,672 ordinary shares at a public offering price of $5.00 per share. The aggregate gross proceeds to the Company from the Offering were $10,373,360, before deducting underwriting discounts, commissions and other expenses.

Boustead Securities, LLC acted as the sole underwriter, and Valuable Capital Limited acted as a selected dealer for the Offering. Hunter Taubman Fischer & Li LLC acted as counsel to the Company, and Ortoli Rosenstadt LLP acted as counsel to the underwriter.

The Offering was made only by means of a prospectus, which is part of the registration statement filed with the SEC and became effective on March 14, 2019. A final prospectus relating to the Offering has been filed with the SEC and is available on the SEC’s website at http://www.sec.gov. Copies of the prospectus may be obtained from: Boustead Securities, LLC, by email at offerings@boustead1828.com or telephone +1 (949) 502-4409 or standard mail to Boustead Securities, LLC, Attn: Equity Capital Markets, 6 Venture, Suite 265, Irvine, CA 92618, USA. This does not mean that the SEC has approved, passed upon the merits, or passed upon the accuracy or completeness of the information.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

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