AUC · ATIF Holdings Ltd · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Because of a history of net losses from operations, cash out from operating activities, and the requirement of additional capital to fund our current operating plan at April 30, 2025, these factors indicate the existence of an uncertainty that raises substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Jun 6, 2025
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-04-30 | Liu Jun |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Ordinary Shares (Direct)
On April 29, 2024, ATIF Holdings Limited entered into a deferred salary conversion agreement ("Agreement") with Mr. Jun Liu, the president, chief executive officer and chairman of the board of directors of the ATIF Holdings Limited. Pursuant to the Agreement, ATIF Holdings Limited agreed to issue and Mr. Liu agreed to accept 384,478 ordinary shares ("Deferred Salary Debt Shares"), $0.001 par value, in lieu of an unpaid salary of $349,875 owed to Mr. Liu, at a per share price of $0.91, which was the Nasdaq consolidated closing bid price per share of the Company's ordinary shares on April 29, 2024. As of the date of this report, Mr. Jun Liu directly holds 442,448 shares of the Issuer's ordinary shares. Tianzhen disclaims beneficial ownership of these shares, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of such reported shares by Tianzhen for purposes of Section 16 of the Exchange Act or for any other purpose. |
Ordinary Shares
|
384,478 |