ATIF Holdings Limited Announces 1-For-18 Reverse Share Split
ATIF Holdings (NASDAQ: ZBAI) has announced a 1-for-18 reverse share split effective August 8, 2025. The company's outstanding ordinary shares will be reduced from approximately 18.2 million to 1.01 million shares. The stock will continue trading under the symbol "ZBAI" with a new CUSIP number G0602B118.
The reverse split aims to help ATIF regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The split will also affect shares issuable under outstanding derivative securities and equity incentive plans, with proportionate adjustments to exercise prices. Transhare Corporation will serve as the exchange agent, with no action required from shareholders holding shares in book-entry form or brokerage accounts.
ATIF Holdings (NASDAQ: ZBAI) ha annunciato un raggruppamento azionario inverso 1-per-18 con effetto dall'8 agosto 2025. Le azioni ordinarie in circolazione della societ脿 saranno ridotte da circa 18,2 milioni a 1,01 milioni di azioni. Il titolo continuer脿 a essere quotato con il simbolo "ZBAI" e un nuovo numero CUSIP G0602B118.
Il raggruppamento ha l'obiettivo di aiutare ATIF a rientrare nei requisiti minimi di prezzo per azione di Nasdaq, fissati a 1,00 dollaro. L'operazione influenzer脿 anche le azioni emesse in base a strumenti derivati e piani di incentivazione azionaria, con adeguamenti proporzionali ai prezzi di esercizio. Transhare Corporation agir脿 come agente di scambio, senza necessit脿 di azioni da parte degli azionisti che detengono azioni in forma elettronica o tramite conti di intermediazione.
ATIF Holdings (NASDAQ: ZBAI) ha anunciado una consolidaci贸n inversa de acciones 1 por 18 que entrar谩 en vigor el 8 de agosto de 2025. Las acciones ordinarias en circulaci贸n se reducir谩n de aproximadamente 18,2 millones a 1,01 millones de acciones. La acci贸n continuar谩 cotizando bajo el s铆mbolo "ZBAI" con un nuevo n煤mero CUSIP G0602B118.
La consolidaci贸n tiene como objetivo ayudar a ATIF a cumplir nuevamente con el requisito m铆nimo de precio por acci贸n de Nasdaq, que es de 1,00 d贸lar. Esta operaci贸n tambi茅n afectar谩 las acciones emitibles bajo valores derivados y planes de incentivos de capital, con ajustes proporcionales en los precios de ejercicio. Transhare Corporation actuar谩 como agente de intercambio, sin que los accionistas con acciones en formato electr贸nico o en cuentas de corretaje deban realizar ninguna acci贸n.
ATIF Holdings (NASDAQ: ZBAI)電� 2025雲� 8鞗� 8鞚茧秬韯� 鞙犿毃頃� 1 雽� 18 鞐秳頃�鞚� 氚滍憸頄堨姷雼堧嫟. 須岇偓鞚� 氚滍枆 氤错喌欤茧姅 鞎� 1820毵� 欤检棎靹� 101毵� 欤�搿� 臧愳唽頃╇媹雼�. 欤检嫕鞚� "ZBAI"霛茧姅 鞁臣搿� 瓿勳啀 瓯半灅霅橂┌ 靸堧鞖� CUSIP 氩堩樃 G0602B118鞚� 攵�鞐惄雼堧嫟.
鞚措矆 鞐秳頃犾潃 ATIF臧� 雮橃姢雼レ潣 斓滌唽 鞛呾鞍 臧�瓴� 鞖旉贝鞚� 欤茧嫻 1.00雼煬毳� 於╈”頃橂弰搿� 霃曣赴 鞙勴暅 瓴冹瀰雼堧嫟. 鞚� 攵勴暊鞚� 氙戈舶 韺岇儩 歃濌秾 氚� 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 氚滍枆 臧�電ロ暅 欤检嫕鞐愲弰 鞓來枼鞚� 氙胳箻氅�, 頄夓偓 臧�瓴╇弰 牍勲鞝侅溂搿� 臁办爼霅╇媹雼�. Transhare Corporation鞚� 甑愴櫂 雽�頄夓瀽搿滌劀 鞐暊鞚� 頃橂┌, 鞝勳瀽 霌彪 霕愲姅 欷戧皽 瓿勳搿� 欤检嫕鞚� 氤挫湢頃� 欤检＜霌れ潃 氤勲弰鞚� 臁办箻毳� 旆暊 頃勳殧臧� 鞐嗢姷雼堧嫟.
ATIF Holdings (NASDAQ : ZBAI) a annonc茅 une fusion d鈥檃ctions invers茅e au ratio de 1 pour 18, effective 脿 partir du 8 ao没t 2025. Le nombre d鈥檃ctions ordinaires en circulation sera r茅duit d鈥檈nviron 18,2 millions 脿 1,01 million d鈥檃ctions. L鈥檃ction continuera 脿 锚tre n茅goci茅e sous le symbole 芦 ZBAI 禄 avec un nouveau num茅ro CUSIP G0602B118.
Cette op茅ration vise 脿 aider ATIF 脿 se conformer 脿 la r猫gle du prix minimal de 1,00 $ par action exig茅e par le Nasdaq. La fusion affectera 茅galement les actions pouvant 锚tre 茅mises en vertu de titres d茅riv茅s en circulation et de plans d鈥檌ncitation en actions, avec des ajustements proportionnels des prix d鈥檈xercice. Transhare Corporation agira en tant qu鈥檃gent d鈥櫭ヽhange, sans qu鈥檃ucune action ne soit requise de la part des actionnaires d茅tenant leurs actions sous forme d茅mat茅rialis茅e ou en comptes de courtage.
ATIF Holdings (NASDAQ: ZBAI) hat eine 1-zu-18 Reverse-Aktienzusammenlegung angek眉ndigt, die am 8. August 2025 wirksam wird. Die ausstehenden Stammaktien des Unternehmens werden von etwa 18,2 Millionen auf 1,01 Millionen Aktien reduziert. Die Aktie wird weiterhin unter dem Symbol "ZBAI" mit einer neuen CUSIP-Nummer G0602B118 gehandelt.
Die Aktienzusammenlegung soll ATIF dabei helfen, die Mindestkursanforderung von Nasdaq von 1,00 USD pro Aktie wieder zu erf眉llen. Die Zusammenlegung betrifft auch Aktien, die aus ausstehenden Derivaten und Aktienanreizpl盲nen ausgegeben werden k枚nnen, mit proportionalen Anpassungen der Aus眉bungspreise. Die Transhare Corporation fungiert als Umtauscher, wobei Aktion盲re, die Aktien in Buchform oder in Brokerage-Konten halten, keine Ma脽nahmen ergreifen m眉ssen.
- Potential to regain Nasdaq compliance with $1.00 minimum bid requirement
- No action required from most shareholders for the transition
- Significant share consolidation could impact trading liquidity
- Reverse splits are often viewed negatively by the market as a sign of company struggles
Insights
ATIF's 1-for-18 reverse split aims to maintain Nasdaq listing by boosting share price, but signals potential underlying financial challenges.
ATIF Holdings Limited has announced a significant 1-for-18 reverse share split effective August 8, 2025, which will dramatically reduce their outstanding ordinary shares from approximately
The mechanics of this split are straightforward - for every 18 shares currently held, shareholders will receive 1 new share with an adjusted par value of
This reverse split represents a classic defensive tactic employed by companies facing delisting threats. While it doesn't fundamentally change ATIF's market capitalization or underlying business value, it artificially inflates the share price by consolidating equity. For context, companies typically resort to reverse splits when their share price has declined significantly over time - often due to deteriorating financial performance or market confidence.
The timing is particularly notable as this restructuring follows board approval on June 30, suggesting ATIF has likely been under Nasdaq compliance pressure for some time. Current shareholders need not take action if holding shares in book-entry form or brokerage accounts, though certificate holders will need to follow exchange procedures through Transhare Corporation, the designated exchange agent.
Irvine, California, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ZBAI), today announced that it will effect a reverse share split of its outstanding ordinary shares, par value
Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (鈥淣asdaq鈥�) on Friday, August 8, 2025. Following the reverse share split, the Ordinary Shares will have a new par value of
No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Ordinary Shares. In addition, the reverse share split will apply to the Ordinary Shares issuable upon the exercise of the Company鈥檚 outstanding derivative securities, with proportionate adjustments to be made to the exercise prices and number of derivates thereof and under the Company鈥檚 equity incentive plans.
The reverse share split will reduce the number of issued and outstanding shares of the Company鈥檚 Ordinary Shares from approximately 18.2 million to approximately 1.01 million.
On June 30, 2025, the board of directors of the Company approved the reverse share split of the Ordinary Shares, at a ratio of 1-for-18.
Transhare Corporation is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split.
Transhare Corporation will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions.
About ZBAI
ATIF Holdings Limited (NASDAQ: ZBAI) is a business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States. The Company is currently exploring business opportunities in the BTC sector.
Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the "safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, "estimated," "projected," Words such as "expect", "anticipate", "predict", "plan", "intend", "believe", "seek", "may", "will", "should", "future", "propose" and variations of these words or similar expressions (or the opposite of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements do not guarantee future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control and may cause actual results or achievements to differ materially from those discussed in the forward-looking statements.
Important factors include:
- Bitcoin price and uncertainty in the regulatory of the crypto currency industry;
- future financial and operating results, including revenues, income, expenses, cash balances and other financial items;
- Ability to manage business development, growth and expansion; Current and future economic and political conditions;
- The ability to compete in industries with low barriers to entry;
- The ability to obtain additional financing to fund capital expenditure for the planned business in the future.
- Ability to attract new customers and further enhance brand awareness;
- Ability to hire and retain qualified management and key staff for the current and planned business;
- Trends and competition in the financial advisory services industry;
- Pandemic or epidemic disease and etc.
Except as required by law, the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the expected results expressed or implied by the forward-looking statements we make. You should not interpret forward-looking statements as predictions of future events. Forward-looking statements represent only the beliefs and assumptions of our management as of the date such statements are made. The above forward-looking statements are made as of the date of this press release.
Contact Information
Name: Christina
Email:
FAQ
When will ATIF Holdings (ZBAI) reverse stock split take effect?
What is the purpose of ZBAI's reverse stock split?
How many shares will ATIF Holdings (ZBAI) have after the reverse split?
Do ZBAI shareholders need to take any action for the reverse split?
What happens to fractional shares in ZBAI's reverse split?
