ATIF Holdings Limited Raises Approximately $2.5 Million via Registered Direct and Private Placement

February 4, 2025

ATIF Holdings Limited (Nasdaq: ZBAI) entered into definitive agreements with an institutional investor to purchase and sell its ordinary shares and pre-funded warrants in a registered direct offering, alongside a concurrent private placement of warrants. Total gross proceeds are expected to be approximately $2.5 million, and the transactions are expected to close on or about February 5, 2025 subject to customary closing conditions.

Buyers
Institutional investor (unnamed)
Targets
ATIF Holdings Limited
Location
California, United States
Transaction Type
Growth capital

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