ATIF Holdings (NASDAQ: ZBAI) insider Shah Syed Iqbal files initial Form 3

Rhea-AI Filing Summary

ATIF Holdings Ltd insider Shah Syed Iqbal has filed a Form 3 as an officer with the title "Independent Director." This filing serves as an initial statement of beneficial ownership for this reporting person and shows no reported purchases, sales, or other transactions.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Shah Syed Iqbal

(Last) (First) (Middle)

STREET 4, BLOCK 2, GULSHAN-E-IQBAL

(Street)

KARACHI SINDH 75300

(City) (State) (Zip)

PAKISTAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ATIF Holdings Ltd [ ZBAI ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Independent Director

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	Shah Syed Iqbal	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does ATIF Holdings (ZBAI) Form 3 for Shah Syed Iqbal represent?

The Form 3 for Shah Syed Iqbal represents his initial statement of beneficial ownership in ATIF Holdings Ltd. It identifies him as an officer with the title "Independent Director" and establishes his reporting status as an insider under SEC rules.

Does the ATIF Holdings (ZBAI) Form 3 show any stock transactions?

No, this Form 3 does not show any stock transactions. The transaction summary lists zero purchases, zero sales, and no derivative exercises, gifts, tax withholdings, or restructurings, indicating only an initial ownership reporting position.

What insider role does Shah Syed Iqbal hold at ATIF Holdings (ZBAI)?

Shah Syed Iqbal is classified as an officer of ATIF Holdings Ltd with the title "Independent Director." This status makes him a reporting person under SEC rules, requiring filings such as Form 3 to disclose beneficial ownership details.

Does the ATIF Holdings (ZBAI) Form 3 include derivative securities for Shah Syed Iqbal?

The Form 3 data shows no derivative securities for Shah Syed Iqbal. The derivative summary is empty and the derivative transaction count is zero, indicating no options, warrants, or similar instruments reported in this initial filing.

What does a neutral net buy/sell direction mean in this ZBAI Form 3?

A neutral net buy/sell direction means there were no net purchases or sales reported. For this Form 3, all transaction counts and share amounts are zero, so the net buy/sell direction is recorded as neutral, reflecting no trading activity.