Atif holdings limited announces usd$4.0 million registered direct offering

Shenzhen, china, nov. 03, 2020 (globe newswire) -- atif holdings limited (nasdaq: atif, the “company”), a company providing business consulting and multimedia services in asia, today announced today announced that it has entered into definitive agreements with several institutional accredited investors for the issuance and sale of an aggregate of 4,347,800 of its ordinary shares, at a purchase price of usd$0.92 per share, in a registered direct offering.  atif has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 4,347,800 of ordinary shares. the closing of the offering is expected to occur on or about november 5, 2020, subject to the satisfaction of customary closing conditions.
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