ATIF Holdings Limited enters into non-binding Letter of Intent to acquire Mask Global Market Co. Ltd.
ATIF Holdings Limited - Ordinary Shares (ZBAI)
Company Research
Source: GlobeNewswire
Irvine, California and Markham, Ontario, Canada , Sept. 17, 2025 (GLOBE NEWSWIRE) -- NASDAQ-listed ATIF Holdings Limited( Ticker: ZBAI) and Mask Global Market Co. Ltd. (“Mask Global”), a company formed under Ontario law headquartered in Dubai which serve as a bridge connecting Web2 and Web3 by operating as a traditional cryptocurrency exchange today jointly announced that they have entered into a non-binding letter of intent (LOI), under which ZBAI proposes to acquire 100% equity of Mask Global through the issuance of ZBAI Class A ordinary shares to the current Mask Global shareholders. According to the terms of the LOI, ZBAI plans to acquire all issued shares of Mask Global in exchange for certain amount of ZBAI Class A Ordinary Shares to be determined based on the parties ongoing due diligence, the audited financial statements of Mask Global and the parties negotiation. Management expects the parties can enter into definitive agreement within 60 days from the date of the LOI ass
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