Businesses of ATIF Southern US LLC Would Cover Southern
United States
IRVINE,
California, Oct. 3, 2022
/PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF) (the
"Company," or "ATIF"), a holding company providing business and
financial consulting services in Asia and North
America, is pleased to announce that the Company has signed
Business Partnership Agreement (the "Agreement") with David Shan on September
26, 2022 to jointly fund a total of US$2 million to establish ATIF Southern US LLC
("ATIF Southern") in Texas to
cover the entire southern region of U.S. with ATIF's premium IPO
advisory service.
Pursuant to the Agreement, the two parties jointly contributed a
total of US$2 million, with 60% of
the shares held by ATIF and 40% by David
Shan. ATIF Southern will serve as a business branch of ATIF,
based in Texas, and extend the
Company's best-in-class IPO advisory services to outstanding local
companies throughout the southern United
States. Both parities will jointly select qualified
companies for IPOs and the joint capitalization of
US$2 million for operating and
investment capital will provide financial support for a successful
IPO in major capital markets of U.S.
Headquartered in Los Angeles,
ATIF is dedicated to providing one-stop solutions for IPO advisory
services for SMEs in the United
States. With a professional service team, rich experience in
IPO consulting and operations and resources of numerous partner
institutions, ATIF has strong ability in guiding outstanding SMEs
to the U.S. capital market and providing them with quality
financial support through equity financing, fully assisting them to
enter the capital market.
Jun Liu, President,
Chairman of the Board, and CEO of ATIF, commented, "We are very
excited to launch this new branch of ATIF. David is a investor with
proven records and we aims to maximize the benefits through our
partnership by leveraging the strengths of each side. The southern
U.S. is a land of great potential, and we hope to bring our
services to quality companies there as well as be a financial boost
to them. We are confident that our services will definitely smooth
the way for companies to go public and that we, also as investors,
are able to gain high returns."
About ATIF Holdings Limited
ATIF Holdings Limited ("ATIF") is a holding group with business
consulting, asset management, and investment businesses, with
offices in Los Angeles,
California, Hong Kong, and
Shenzhen, China. ATIF mainly
provides IPO Advisory Services to small and medium-sized
enterprises in Asia and
North America. ATIF has advised
several enterprises in China in
their plans to become publicly listed in the United States. ATIF was awarded the "Top
10 Best Listed Companies 2019" from the "Golden Bauhinia Award,"
the highest award in Hong Kong's
financial and securities industry. For more information, please
visit https://ir.atifchina.com/.
To learn more about IPOEX, our financial services platform,
please visit: https://www.ipoex.com/
For more information about NFTDPO, our NFT service division,
please visit https://nftdpo.com/.
Follow ATIF on Social Media:
Twitter
Facebook
YouTube
LinkedIn
Instagram
Forward-Looking Statements
Certain statements made in this release are "forward looking
statements" within the meaning of the "safe harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, the words "estimates,"
"projected," "expects," "anticipates," "forecasts," "plans,"
"intends," "believes," "seeks," "may," "will," "should," "future,"
"propose" and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantee of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside the Company's control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
are: future financial and operating results, including revenues,
income, expenditures, cash balances and other financial items;
ability to manage growth and expansion; current and future economic
and political conditions; ability to compete in an industry with
low barriers to entry; ability to obtain additional financing in
the future to fund capital expenditures; ability to attract new
clients, complete projects for clients, and further enhance brand
recognition; ability to hire and retain qualified management
personnel and key employees; trends and competition in the
financial consulting services industry; a pandemic or epidemic; the
occurrence of any event, change or other circumstances that could
affect the Company's ability to continue successful development and
launch of its NFT collection; the possibility that the Company may
not succeed in developing its NFT platform and business due to,
among other things, changes in the business environment,
competition, changes in governmental regulation, or other economic
and policy factors; the ability of the Company to continue
compliance with the development of applicable regulatory
regulations in connection with blockchain, digital assets and the
NFT industry; the possibility that the Company's ongoing NFT
services may be adversely affected by other economic, business,
and/or competitive factors; and other factors listed in the
Company's annual report on Form 20-F and other documents filed with
the Securities and Exchange Commission. The Company undertakes no
obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be 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 you that actual results may differ materially from the
anticipated results expressed or implied by the forward-looking
statements we make. You should not rely upon forward-looking
statements as predictions of future events. Forward-looking
statements represent our management's beliefs and assumptions only
as of the date such statements are made. These forward-looking
statements are made as of the date of this news release.
View original
content:https://www.prnewswire.com/news-releases/atif-announces-a-us2-million-joint-venture-to-form-atif-southern-us-llc-301638754.html
SOURCE ATIF Holdings Limited