Demonstrates Confidence in ATIF's Future Development and
Current Market Undervaluing of its Shares
IRVINE,
Calif., April 11, 2022 /PRNewswire/ -- ATIF
Holdings Limited (Nasdaq: ATIF, the "Company," "ATIF" or "We"), a
holding company providing business and financial consulting
services in Asia and North America, today announced that
ATIF's President, Chairman of the Board, and CEO, Mr. Jun Liu has purchased 25,899 shares of ATIF
stock on the open market from January 18 – April 5,
2022. Since December of
2021, Mr. Jun Liu has purchased
50,500 shares of ATIF stock in total.
Jun Liu, President,
Chairman of the Board, and CEO of ATIF commented, "These open
market share purchases of ATIF stock reflect my absolute confidence
in what we are building at ATIF, from our expert IPO Advisory
Services, the ATIF-1 Hedge Fund, our Digital Asset Platform Service
division, and future Equity Crowdfunding Platform, across both
China and the United States. I believe that the current
market price of our stock represents a highly attractive valuation
for investors, making now an opportune time to invest in ATIF. As
the largest stockholder of ATIF, my interests continue to be fully
aligned with my fellow stockholders. I expect to continue investing
in the open market as long as our stock remains at these price
levels in accordance with applicable securities laws. I look
forward to continuing to execute our plan to drive value for
shareholders."
About ATIF Holdings Limited
ATIF Holdings Limited ("ATIF") is a holding group with business
consulting, asset management and investment business with business
centers located 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 U.S. 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/.
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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; 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.
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SOURCE ATIF Holdings Limited