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0001755058
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0001755058
2025-07-29
2025-07-29
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xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: July 29, 2025
(Date of earliest event reported)
ATIF HOLDINGS LIMITED
(Exact name of registrant as specified in its charter)
British Virgin Islands |
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001-38876 |
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Not Applicable |
(State or other jurisdiction
of incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
420 Goddard, Irvine, CA |
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92618 |
(Address of Principal Executive Offices) |
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(Zip Code) |
308-888-8888
(Registrant’s telephone number, including area
code)
Not Applicable
(Former name or former address, if changed since last
report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Ordinary Shares, $0.001 par value |
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ZBAI |
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Nasdaq Capital Market |
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.02 Unregistered Sales of Equity Securities.
As previously reported on a Current Report on Form
8-K filed by ATIF Holdings Limited. (the “Company”) filed with the Securities and Exchange Commission on July 22, 2025,
the Company and certain non-U.S. investors (the “Investors”) entered into a securities purchase agreement (the “SPA”).
Pursuant to the SPA, the Company agreed to sell, and the Investors agreed to purchase, severally and not jointly, an aggregate of 5,434,782
ordinary shares of the Company, par value $0.001 per share (the “Shares”), at a purchase price of $0.368 each Share
(the “Offering”).
The closing of the Offering and sale of the Shares
occurred on July 29, 2025 when all the closing conditions of the SPA have been satisfied. The Company issued the Shares in exchange for
gross proceeds of $2 million, before the deduction of customary expenses.
The Shares were issued in reliance on the exemption
from registration provided by Regulation S under the Securities Act of 1933. Following the closing of the Offering, the Company has an
aggregate of 23,639,787 ordinary shares issued and outstanding as of the date of this report.
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.
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ATIF Holdings Limited |
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By: |
/s/ Dr. Kamran Khan |
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Dr. Kamran Khan |
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Chief Executive Officer |
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Dated: July 31, 2025 |
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