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Stock impact report

ATIF Holdings Limited Announces a One Million Dollar Consulting Service Agreement with Caiz Optronics Corp.

ATIF Holdings Limited - Ordinary Shares (ATIF) 
Company Research Source: GlobeNewswire
SHENZHEN, China, April 22, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ATIF)(the “Company”), a company providing business consulting services to small and medium-sized enterprises in Asia, today announced that the Company, through its variable interest entity in China, Qianhai Asia Time (Shenzhen) International Financial Services Co., Ltd. (“ATIF Shenzhen”), entered into a consulting service agreement (the “Agreement”) to act as a business advisor for Caiz Optronics Corp. (“Caiz”). The Agreement was signed in anticipation of Caiz’s entrance into the U.S. capital market. Pursuant to the Agreement dated February 3, 2020, ATIF Shenzhen agreed to provide services including business consulting, capital market advising for business planning and strategy development, planning and assisting with fund raising activities, and investor and public relations services. As consideration, Caiz agreed to pay ATIF Shenzhen a fix consulting fee of US$1 million, to be paid in installme Show less Read more
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