---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-001629"
form_type: "8-K"
ticker: "ZBAI"
cik: "0001755058"
company_name: "ATIF Holdings Ltd"
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:48:24.111743+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-001629
- form_type: 8-K
- ticker: ZBAI
- cik: 0001755058
- company_name: ATIF Holdings Ltd
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755058/000121390025001629/0001213900-25-001629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755058/000121390025001629/ea0227046-8k_atifhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-001629
- JSON: https://secwatch.observer/filing/0001213900-25-001629.json
- Plain text: https://secwatch.observer/filing/0001213900-25-001629.txt

## Key facts
- Executive change
  Yongyuan Chen resigned as independent director at ATIF Holdings Ltd.
  - Action: resigned
  - Role: independent director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755058/000121390025001629/0001213900-25-001629-index.htm
- Executive change
  Syed Iqbal Shah was appointed as independent director at ATIF Holdings Ltd.
  - Action: appointed
  - Role: independent director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755058/000121390025001629/0001213900-25-001629-index.htm

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