---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-034521"
form_type: "8-K"
ticker: "ZBAI"
cik: "0001755058"
company_name: "ATIF Holdings Ltd"
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T16:23:51.398139+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ATIF Holdings raises $1.34M via private placement of 1.09M shares at $1.23/sh

## Summary
- Sold 1,092,512 ordinary shares to a non-U.S. investor at $1.23 per share.
- Gross proceeds of $1,343,789.76; shares unregistered under Securities Act.
- Company agrees to file a resale registration statement within reasonable time after closing.
- Purchase Agreement contains customary reps, warranties, and closing conditions.

## SEC filing metadata
- accession: 0001213900-24-034521
- form_type: 8-K
- ticker: ZBAI
- cik: 0001755058
- company_name: ATIF Holdings Ltd
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755058/000121390024034521/0001213900-24-034521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755058/000121390024034521/ea0204159-8k_atifhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034521
- JSON: https://secwatch.observer/filing/0001213900-24-034521.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034521.txt

## Key facts
- Material Agreements
  ATIF Holdings Ltd entered into Securities Purchase Agreement with a non-U.S. investor named in the Purchase Agreement (the "Purchaser") (effective 2024-04-16).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a non-U.S. investor named in the Purchase Agreement (the "Purchaser")
  - Effective: 2024-04-16
  source text: On April 16, 2024, ATIF Holdings Limited (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a non- U.S investor named in the Purchase Agreement (the “Purchaser”), pursuant to which the Company agreed to sell an aggregate of 1,092,512 newly issued ordinary shares of the Company, $0.001 par value per ordinary share (the “Ordinary Shares”) at a purchase price of $1.23 per share (the “Private Placement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755058/000121390024034521/0001213900-24-034521-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.