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ATIF Holdings Limited (NASDAQ: ATIF) is a prominent business consulting firm headquartered in Lake Forest, California. The company operates primarily as a holding entity, providing a wide range of financial planning and investment advisory services to small and medium-sized enterprises (SMEs) in the United States and internationally. ATIF's core business revolves around delivering comprehensive consulting services, including asset allocation, financial management, capital restructuring, and training services, aimed at facilitating the growth and financial health of its clients.
ATIF Holdings has carved a niche in the financial consulting industry by specializing in pre-IPO and post-IPO advisory services. The company is dedicated to guiding SMEs through the intricate process of going public, ensuring streamlined operations, compliance, and optimal results. ATIF's consulting services portfolio is diversified, encompassing equity design, valuation analysis, and investor relations, among other strategic business solutions.
Recent achievements of ATIF Holdings highlight its commitment to excellence and client success. The company’s subsidiary, ATIF Business Management LLC, has recently entered into service agreements with notable entities such as Genehope Holdings and Rawrr, Inc. These partnerships underscore ATIF's proficiency in understanding and addressing the strategic needs of its clients, fostering high-quality development through capital market engagement.
ATIF's financial condition remains robust, with the company generating the majority of its revenue from the United States. The firm's strategic initiatives and service agreements have significantly bolstered its market position, enabling it to attract a diverse clientele and expand its service offerings. ATIF has been recognized with the
ATIF Holdings Limited (Nasdaq: ATIF) announced the launch of IPOEX.com, a financial consulting platform aimed at helping small and medium-sized enterprises prepare for fundraising and initial public offerings. IPOEX offers free and paid memberships, providing access to a global investor database, IPO tutorials, and tailored consulting services. The company aims to grow its network significantly, targeting over 30,000 registered members and up to 50,000 institutional investors by the end of 2021. Currently, IPOEX's database includes over 20,000 institutional investors across diverse sectors.
ATIF Holdings Limited (Nasdaq: ATIF) has officially launched its online financial consulting platform, IPOEX.com. This platform aims to streamline equity financing and pre-IPO education for corporate clients, offering a one-stop service that digitalizes traditional consulting methods. IPOEX offers premium membership services, including tailored advisory on IPO processes, business models, and investor relations. CEO Pishan Chi emphasized the platform's access to a database of over 20,000 institutions, which is expected to enhance client services. The platform is designed to significantly assist SMEs seeking IPO opportunities in the US market.
ATIF Holdings Limited (Nasdaq: ATIF) announced the launch of its online financial consulting platform, IPOEX.com, aimed at providing equity financing advisory and pre-IPO services to small and medium-sized enterprises (SMEs) in Asia. This innovative platform is designed to offer a one-stop solution for clients seeking capital for IPOs, combining legal compliance guidance with educational resources. The company anticipates onboarding 20,000 international institutions and aims to enhance its competitiveness in the consulting sector.
ATIF Holdings Limited (Nasdaq: ATIF) announced on August 26, 2020, that it regained compliance with Nasdaq's Listing Rules following a prior notification of non-compliance. This arose due to the company not holding its annual meeting of stockholders within 12 months of its fiscal year-end on July 31, 2020. After submitting a proposal to follow its home country practices, Nasdaq has considered the matter closed, allowing ATIF's ordinary shares to remain listed. The company specializes in business consulting and multimedia services in Asia.
ATIF Holdings Limited (Nasdaq: ATIF) announced a revenue boost from its subsidiary, Leaping Group Co., Ltd. (LGC), due to the success of the blockbuster film The Eight Hundred. Released on August 14, 2020, the film achieved a remarkable box office of RMB 800 million within days, attracting over 4.52 million viewers. As cinemas in China increase ticket sales capacity, LGC anticipates further growth in revenues from both box office and pre-movie advertising. The company remains optimistic about the recovery of China's film industry and its potential to enhance shareholder value.
ATIF Holdings Limited (Nasdaq: ATIF) received a notice from Nasdaq indicating non-compliance with listing rules due to not holding its annual stockholder meeting within 12 months of the fiscal year-end on July 31, 2020. This notice is a deficiency notification and does not affect current trading. The company has 45 days to submit a compliance plan, with potential extensions of up to 180 days to hold the meeting, scheduled for November 3, 2020. ATIF provides business consulting and multimedia services in Asia and is involved in various advertising and entertainment sectors.
ATIF Holdings Limited (Nasdaq: ATIF) announced that its majority-owned subsidiary, Leaping Group Co., Ltd. (LGC), has fully resumed cinema operations in Northeast China as of August 5, 2020. With the reopening, LGC anticipates box office revenue exceeding $1 million in Q3 2020. The revival follows a gradual increase in ticket bookings since July, aided by government approvals for cinema operations. Several blockbuster films, including 'The Eight Hundred,' are set for release, promising significant growth in the second half of the year for ATIF and LGC's film-related segments.
ATIF Holdings Limited (Nasdaq: ATIF) has announced its support in combating the COVID-19 pandemic by donating 300,000 masks to New York City and Los Angeles. This initiative targets hospitals, government offices, and public security services amid the ongoing crisis. Additionally, nearly 2 million masks have been provided to Shenzhen and Wuhan in China since the outbreak began. President Jun Liu emphasized that these contributions not only aid in public health efforts but also improve the perception of Chinese enterprises in the U.S.
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