Jun Liu
On January 22, 2025, Jun Liu resigned from his position as the Chief Executive Officer, director and Chairman of the board of directors (the “ Board ”) of ATIF Holdings Limited, (the “ Company ”), effective immediately.
Highest-materiality recent filing
ATIF Holdings closes $2M unregistered equity offering of 5.4M shares at $0.368/share
Sold 5,434,782 ordinary shares at $0.368/share for gross proceeds of $2M under Regulation S.
ATIF Holdings raises ~$2M via private placement of 5.43M shares at $0.368 each
Sold 5,434,782 Class A ordinary shares at $0.368 per share for aggregate proceeds of approximately $2 million.
ATIF Holdings receives Nasdaq minimum bid price deficiency notice; 180 days to cure
Received Nasdaq deficiency notice on June 30, 2025 for failing to maintain minimum $1 bid price for 30 consecutive days.
ATIF Holdings dismisses ZH CPA, appoints Li CPA as new auditor, effective Feb 26, 2025
Audit committee dismissed ZH CPA LLC on Feb 26, 2025; prior audit reports contained going-concern emphasis but no adverse opinions.
ATIF Holdings appoints Shibin Yu as CFO and director; Yingying Guo as independent director
Yue Ming resigned as CFO and director effective Feb 20, 2025; not due to any disagreement with the Company.
ATIF Holdings appoints new CEO/Chairman and director; regains Nasdaq bid price compliance
Jun Liu resigned as CEO, director, and Chairman on Jan 22, 2025; no disagreement cited.
ATIF Holdings raises ~$2.5M via registered direct offering and private placement
Sold 1,580,000 ordinary shares at $1.00/share and 887,553 pre-funded warrants at $0.99 each.
ATIF Holdings appoints new CEO and independent director; regains Nasdaq bid price compliance
Jun Liu resigned as CEO, director and Chairman effective Jan 22, 2025; no disagreement cited.
ATIF raises $4.7M via registered direct offering of 3.82M shares at $1.25 each
Gross proceeds of ~$4.7 million from sale of 3,820,000 ordinary shares at $1.25/share.
ATIF Holdings appoints Syed Iqbal Shah as independent director, replacing Yongyuan Chen who resigned
Yongyuan Chen resigned as independent director on Jan 6, 2025; not due to any disagreement.
ATIF gets Nasdaq delisting notice for equity deficiency; ticker changing to ZBAI
Nasdaq Staff found ATIF failed minimum $2.5M stockholders' equity requirement under Listing Rule 5550(b) as of July 31, 2024.
ATIF Holdings receives Nasdaq delisting notice for bid price below $1
Received Nasdaq notice on Nov 26, 2024 for non-compliance with minimum $1 bid price for 30 consecutive business days.
ATIF Holdings regains Nasdaq minimum bid price compliance
Received Nasdaq letter on Sept 24 confirming stock closed at $1.00+ for 10 consecutive days (Sept 10–23).
ATIF Holdings shareholders elect all five director nominees, ratify auditor
All five director nominees elected with ~5.67M votes for each; ~16.9K against/withheld per nominee.
ATIF receives Nasdaq deficiency notice for bid price below $1.00
Received deficiency letter on May 20, 2024 for failure to meet Nasdaq minimum $1.00 bid price rule 5550(a)(2).
ATIF Holdings regains Nasdaq equity compliance via private placements, salary conversion
Previously reported stockholders' equity of $1,539,353 fell short of Nasdaq's $2.5M minimum.
ATIF Holdings converts $349,875 deferred CEO salary into 384,478 shares at $0.91/share
Entered deferred salary conversion agreement with CEO Jun Liu to convert $349,875 unpaid salary into 384,478 ordinary shares.
ATIF Holdings raises ~$1.0M through private placement of ordinary shares at $1.23/share
Entered two purchase agreements with one U.S. accredited investor and one non-U.S. investor.
ATIF Holdings raises $1.34M via private placement of 1.09M shares at $1.23/sh
Sold 1,092,512 ordinary shares to a non-U.S. investor at $1.23 per share.
On January 22, 2025, Jun Liu resigned from his position as the Chief Executive Officer, director and Chairman of the board of directors (the “ Board ”) of ATIF Holdings Limited, (the “ Company ”), effective immediately.
Effective January 22, 2025, the Board appointed Dr. Kamran Khan as the Chief Executive Officer of the Company, director and Chairman of the Board, to fill the vacancy created by the resignation of Jun Liu.
On January 22, 2025, Kwong Sang Liu resigned from his position as an independent director of the Board of Directors of the Company (the “ Board ”) and as member of the Nominating and Corporate Governance Committee of the Board, Chairman of the Audit Committee of the Board and member of the Compensation Committee of the Board.
Effective January 22, 2025, the Board appointed Zhelun Zhou as an independent director of the Board and as member of the Nominating and Corporate Governance Committee of the Board, Chairman of the Audit Committee of the Board and member of the Compensation Committee of the Board, to fill the vacancy created by the resignation of Kwong Sang Liu.
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.
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.
Max materiality 0.75 · Median 0.55 · Most common event other_material