ATIF Holdings Limited Announces Change of Auditor
05 March 2021 - 9:30AM
ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a holding
group providing business and financial consulting in Asia and North
America, today announced the change of auditor from Friedman LLP to
ZH CPA, LLC (“ZH CPA”) as its independent registered public
accounting firm for the fiscal year ended July 31, 2021. The Audit
Committee and the Board of Directors of the Company approved the
appointment of ZH CPA as the Company’s independent registered
public accounting firm for the fiscal year ended July 31, 2021,
effective March 3, 2021.
In connection with the change of auditor, the
Company provides that: (a) there were no disagreements between the
Company and the former auditors on any matter of accounting
principles or practices, financial statement disclosure or auditing
scope or procedure, which disagreement, if not resolved to the
satisfaction of the former accountant, would have caused it to make
reference to the subject matter of the disagreement in connection
with its report; and (b) no reportable events as set forth in Item
16F(a)(1)(v)(A) through (D) of Form 20-F have occurred.
About ATIF Holdings LimitedHeadquartered 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/.
Forward-Looking StatementsCertain
statements made in this 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, the words “estimates,” “projected,”
“expects,” “anticipates,” “forecasts,” “plans,” “intends,”
“believes,” “seeks,” “may,” “will,” “should,” “future,” “propose”
and variations of these words or similar expressions (or the
negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantee of 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, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
are: future financial and operating results, including revenues,
income, expenditures, cash balances and other financial items;
ability to manage growth and expansion; current and future economic
and political conditions; ability to compete in an
industry with low barriers to entry; ability to continue to operate
through our VIE structure; ability to obtain additional financing
in the future to fund capital expenditures; ability to attract new
clients and further enhance brand recognition; ability to hire and
retain qualified management personnel and key employees; trends and
competition in the financial consulting services industry; a
pandemic or epidemic; and other factors listed in the Company’s
annual report on Form 20-F and other documents filed with
the Securities and Exchange Commission. The Company undertakes
no obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it 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
anticipated results expressed or implied by the forward-looking
statements we make. You should not rely upon forward-looking
statements as predictions of future events. Forward-looking
statements represent our management’s beliefs and assumptions only
as of the date such statements are made. These forward-looking
statements are made as of the date of this news release.
Media contact:
Anna Huang
+86-139-2726-7157
anna@atifchina.com
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