ATIF Holdings Ltd Reports Director Changes and Financials
Ticker: ZBAI · Form: 8-K · Filed: Jan 7, 2025 · CIK: 1755058
| Field | Detail |
|---|---|
| Company | Atif Holdings Ltd (ZBAI) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $5,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, financial-statements
TL;DR
ATIF Holdings Ltd filed an 8-K on Jan 6, 2025, detailing director/officer changes and financial statements.
AI Summary
ATIF Holdings Limited filed an 8-K on January 7, 2025, reporting on events that occurred on January 6, 2025. The filing covers the departure of directors, election of directors, appointment of officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
Changes in a company's board of directors and executive officers, along with financial disclosures, can significantly impact investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: medium — Changes in directorship and officers, coupled with financial statement filings, can indicate significant internal shifts or performance reviews that may carry inherent risks.
Key Players & Entities
- ATIF Holdings Limited (company) — Registrant
- January 6, 2025 (date) — Date of earliest event reported
- January 7, 2025 (date) — Date of report
FAQ
What specific changes were made regarding directors and officers?
The filing indicates the departure of directors, election of directors, and appointment of certain officers.
What is the exact date of the events reported in this 8-K?
The earliest event reported occurred on January 6, 2025.
What other information is included in this filing besides personnel changes?
The filing also includes financial statements and exhibits.
What is the principal executive office address for ATIF Holdings Limited?
The principal executive office is located at 25391 Commercentre Dr., Ste 200, Lake Forest, CA 92630.
What is the fiscal year end for ATIF Holdings Limited?
The fiscal year end for ATIF Holdings Limited is July 31.
Filing Stats: 711 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2025-01-07 16:05:15
Key Financial Figures
- $0.001 — on which registered Ordinary Shares, $0.001 par value ZBAI Nasdaq Capital Marke
- $5,000 — will receive a monthly compensation of $5,000 pursuant to his letter agreement with t
Filing Documents
- ea0227046-8k_atifhold.htm (8-K) — 29KB
- ea022704601ex10-1_atifhold.htm (EX-10.1) — 23KB
- 0001213900-25-001629.txt ( ) — 231KB
- zbai-20250106.xsd (EX-101.SCH) — 3KB
- zbai-20250106_lab.xml (EX-101.LAB) — 33KB
- zbai-20250106_pre.xml (EX-101.PRE) — 22KB
- ea0227046-8k_atifhold_htm.xml (XML) — 4KB
02 Departure
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Resignation of Yongyuan Chen 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. Yongyuan Chen's resignation is not a result of any disagreement with the Company relating to its operations, policies or practices. Appointment of Syed Iqbal Shah 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. Mr. Shah will receive a monthly compensation of $5,000 pursuant to his letter agreement with the Company (the " Director Letter Agreement "). The biographical information of Mr. Syed Iqbal Shah is set forth below: Mr. Syed Iqbal Shah has served the general manager of Market Masters since September 2020 where he plans and designs IM products. Mr. Shah also served as an AI designer at Ronald Lu & Partners from 2014 to 2020 . Mr. Shah received a bachelor's degree in information technology from University of California, Berkeley in 2014. Mr. Syed Iqbal Shah does not have any family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K. The foregoing description of the Director Letter Agreement are general descriptions only, do not purport to be complete, and are qualified in its entirety by reference to the comp
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits (d) Exhibits 10.1 Director Letter Agreement by and between the Company and Syed Iqbal Shah, dated January 6, 2025 1
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: January 7, 2025 2