---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-044589"
form_type: "8-K"
ticker: "ZBAI"
cik: "0001755058"
company_name: "ATIF Holdings Ltd"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T16:25:56.575374+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ATIF Holdings regains Nasdaq equity compliance via private placements, salary conversion

## Summary
- Previously reported stockholders' equity of $1,539,353 fell short of Nasdaq's $2.5M minimum.
- Two private placements raised gross proceeds of ~$2.34M combined at $1.23/share.
- Deferred salary conversion issued 384,478 shares to CEO Jun Liu for $349,875 in unpaid salary.
- Pro forma equity as of April 30, 2024 totals $2,683,042.
- Nasdaq granted extension until May 20, 2024 to file evidence; compliance regained but monitored.

## SEC filing metadata
- accession: 0001213900-24-044589
- form_type: 8-K
- ticker: ZBAI
- cik: 0001755058
- company_name: ATIF Holdings Ltd
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755058/000121390024044589/0001213900-24-044589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755058/000121390024044589/ea0206432-8k_atifhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-044589
- JSON: https://secwatch.observer/filing/0001213900-24-044589.json
- Plain text: https://secwatch.observer/filing/0001213900-24-044589.txt

## Key facts
- Listing & Compliance Notices
  ATIF Holdings Ltd received a nasdaq compliance regained notice regarding late filing (rules 5550(b)(1), 789.76, 002.38).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: late filing
  - Rules: 5550(b)(1), 789.76, 002.38
  source text: July 31, 2023 (“2023 10-K”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2,500,000. In its 2023 10-K, the Company reported stockholders’ equity of $1,539,353, and, as a result, did not satisfy Nasdaq Marketplace Rule 5550(b)(1). As previously reported in a Current Report on Form 8-K April 16, 2024 the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a non- U.S investor named in the Purchase Agreement (the “Purchas
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755058/000121390024044589/0001213900-24-044589-index.htm

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