other material
confidence high
sentiment neutral
materiality 0.50
ATIF Holdings raises ~$1.0M through private placement of ordinary shares at $1.23/share
ATIF Holdings Ltd
- Entered two purchase agreements with one U.S. accredited investor and one non-U.S. investor.
- Gross proceeds of $1,000,002.38 from sale of ordinary shares at $1.23 per share.
- Shares are unregistered; company agrees to file resale registration statement within reasonable time after closing.
- Placement exempt from registration under Section 4(a)(2) of the Securities Act.