ATIF Holdings Faces Delisting Notice
Ticker: ZBAI · Form: 8-K · Filed: Nov 27, 2024 · CIK: 1755058
| Field | Detail |
|---|---|
| Company | Atif Holdings Ltd (ZBAI) |
| Form Type | 8-K |
| Filed Date | Nov 27, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $1 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-rule
TL;DR
ATIF Holdings got a delisting warning, might be kicked off the exchange.
AI Summary
ATIF Holdings Limited filed an 8-K on November 27, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known as Asia Times Holdings Ltd, is incorporated in the British Virgin Islands and its principal executive offices are located in Lake Forest, California.
Why It Matters
This filing indicates potential issues with ATIF Holdings' compliance with stock exchange listing requirements, which could lead to its shares being delisted.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Players & Entities
- ATIF Holdings Limited (company) — Registrant
- Asia Times Holdings Ltd (company) — Former Company Name
- November 26, 2024 (date) — Earliest event reported
- November 27, 2024 (date) — Date of Report
- British Virgin Islands (jurisdiction) — State of Incorporation
- Lake Forest, CA (location) — Address of Principal Executive Offices
FAQ
What is the specific reason for ATIF Holdings Limited's notice of delisting or failure to satisfy a continued listing rule?
The provided text states that the filing is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing' but does not specify the exact rule or standard that has not been met.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on November 26, 2024.
What is the filing date of this 8-K report for ATIF Holdings Limited?
The report was filed on November 27, 2024.
What was ATIF Holdings Limited's former company name?
The company's former name was Asia Times Holdings Ltd.
Where are ATIF Holdings Limited's principal executive offices located?
The principal executive offices are located at 25391 Commercentre Dr., Ste 200, Lake Forest, CA 92630.
Filing Stats: 547 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-11-27 16:01:34
Key Financial Figures
- $0.001 — on which registered Ordinary Shares, $0.001 par value ATIF Nasdaq Capital Marke
- $1 — tock to maintain a minimum bid price of $1 per share for 30 consecutive business d
Filing Documents
- ea0222870-8k_atifhold.htm (8-K) — 34KB
- 0001213900-24-103441.txt ( ) — 205KB
- atif-20241126.xsd (EX-101.SCH) — 3KB
- atif-20241126_lab.xml (EX-101.LAB) — 33KB
- atif-20241126_pre.xml (EX-101.PRE) — 22KB
- ea0222870-8k_atifhold_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATIF Holdings Limited By: /s/ Jun Liu Jun Liu, Chief Executive Officer Dated: November 27, 2024 2