---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-035361"
form_type: "8-K"
ticker: "ZBAI"
cik: "0001755058"
company_name: "ATIF Holdings Ltd"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:08:28.338286+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 ~$1.0M through private placement of ordinary shares at $1.23/share

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-035361
- form_type: 8-K
- ticker: ZBAI
- cik: 0001755058
- company_name: ATIF Holdings Ltd
- filed_at: 2024-04-23T23:59:59+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/1755058/000121390024035361/0001213900-24-035361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755058/000121390024035361/ea020438-8k_atifhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-035361
- JSON: https://secwatch.observer/filing/0001213900-24-035361.json
- Plain text: https://secwatch.observer/filing/0001213900-24-035361.txt

## Key facts
- Material Agreements
  ATIF Holdings Ltd entered into Purchase Agreements with one U.S. accredited investor and one non-U.S. investor valued at gross proceeds in the amount of $1,000,002.38 (effective 2024-04-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: one U.S. accredited investor and one non-U.S. investor
  - Value: gross proceeds in the amount of $1,000,002.38
  - Effective: 2024-04-18
  source text: On April 18, 2024, ATIF Holdings Limited (the “Company”) entered into two securities purchase agreements (the “Purchase Agreements”) in a private placement (the “Private Placement”) of the Company’s newly issued ordinary shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755058/000121390024035361/0001213900-24-035361-index.htm

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