ATIF Holdings appoints Syed Iqbal Shah as independent director, replacing Yongyuan Chen who resigned

ATIF Holdings Ltd

Yongyuan Chen resigned as independent director on Jan 6, 2025; not due to any disagreement.
Board appointed Syed Iqbal Shah as independent director, Chairman of Nominating & Gov. Committee, and member of Audit and Compensation committees.
Syed Iqbal Shah receives $5,000/month compensation; background includes general manager at Market Masters and AI designer at Ronald Lu & Partners.
Shah holds a bachelor's in IT from UC Berkeley; no family relationships or reportable transactions.

item 5.02 item 9.01

Executive movements

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Departed

Yongyuan Chen

independent director

ZBAI · ATIF Holdings Ltd

Effective: 2025-01-06
Successor: Syed Iqbal Shah
Filed: January 7, 2025, 6:59 PM ET

On January 6, 2025, Yongyuan Chen resigned from his position as an independent director of the Board of Directors of the Company (the “ Board ”) and as the Chairman of the Nominating and Corporate Governance Committee of the Board, a member of the Audit Committee of the Board and a member of the Compensation Committee of the Board.

Appointed

Syed Iqbal Shah

independent director

ZBAI · ATIF Holdings Ltd

Effective: 2025-01-06
Filed: January 7, 2025, 6:59 PM ET

Effective January 6, 2025, the Board appointed Mr. Syed Iqbal Shah as an independent director of the Board and as the Chairman of the Nominating and Corporate Governance Committee of the Board, a member of the Audit Committee of the Board and a member of the Compensation Committee of the Board, to fill the vacancy created by the resignation of Yongyuan Chen.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Yongyuan Chen resigned as independent director at ATIF Holdings Ltd.

Action: resigned
Role: independent director

Exact text from the filing

On January 6, 2025, Yongyuan Chen resigned from his position as an independent director of the Board of Directors of the Company (the “ Board ”) and as the Chairman of the Nominating and Corporate Governance Committee of the Board, a member of the Audit Committee of the Board and a member of the Compensation Committee of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Syed Iqbal Shah was appointed as independent director at ATIF Holdings Ltd.

Action: appointed
Role: independent director

Exact text from the filing

Effective January 6, 2025, the Board appointed Mr. Syed Iqbal Shah as an independent director of the Board and as the Chairman of the Nominating and Corporate Governance Committee of the Board, a member of the Audit Committee of the Board and a member of the Compensation Committee of the Board, to fill the vacancy created by the resignation of Yongyuan Chen.

View on SEC.gov

ATIF Holdings Ltd filing history →

Source: SEC EDGAR

accession 0001213900-25-001629

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