Business
ATIF Holdings Limited Announces Completion of Filing of "ATIF-1", Its Private Fund, Officially Launches Asset Management Business
LOS ANGELES, Feb. 2, 2021 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the "Group", "ATIF" or "we"), a holding group providing business and financial
About this update from Atif Holdings Limited
[{"type":"text","content":"LOS ANGELES, Feb. 2, 2021 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the \"Group\", \"ATIF\" or \"we\"), a holding group providing business and financial consulting in Asia and North America, announced its wholly owned subsidiary, ATIF Inc. had completed the filing of a private fund named ATIF-1, L.P. (the \"ATIF-1\") with the U.S. Securities and Exchange Commission (SEC) on January 27, 2021.\nThe first batch of ATIF-1 is planned to amount to US$50 million and is managed by ATIF-1 GP, LLC, a Delaware registered Limited Liability Corporation. The investment strategies of ATIF-1 GP, LLC is long/short trading strategy to maximize the return on investment, focusing on three main categories of investments: well-qualified U.S. stocks, US-listed Chinese stocks and Chinese IPOs.\nMr. Pishan Chi, Chief Executive Officer and Director of ATIF, commented, \"We are pleased that our subsidiary ATIF Inc. has completed the filing of our first private fund, which represents the official launch of our asset management business. With the launch of asset management business, we will initiate new client relationships and assist investors to navigate successfully in the potentially volatile markets. We are very confident that 2021 will be a year of rapid growth for ATIF Inc.\"\nAbout ATIF Holdings Limited\nHeadquartered in Los Angeles, California, ATIF Holdings Limited (\"ATIF\") is a holding group with asset management, investment holding and online financial information business and provide business consulting services to small and medium-sized enterprises in Asia and North America. ATIF operates an internet-based financial information service platform IPOEX.com, which provides prestige membership services including market information, pre-IPO education, IR media and matchmaking services between SMEs and financing institutions. ATIF's investment holding business is to provide going public consulting, M&A consulting and financial consulting services to SMEs. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. ATIF plans to launch securities investment service and investment advisory in Q1 2021. For more information, please visit https://ir.atifchina.com/.\nForward-Looking Statements\nCertain statements made in this release are \"forward looking statements\" within the meaning of the \"safe har...