6-K 1 tm213423d1_6k.htm FORM 6-K

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

 

 

For the month of January, 2021

 

Commission File Number: 001-38876

 

ATIF HOLDINGS LIMITED

 

Room 2803,

Dachong Business Centre, Dachong 1st Road,

Nanshan District, Shenzhen, China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨ 

 

 

 

 

 

 

Material Definitive Agreements

 

On January 14, 2021, ATIF Holdings Limited (the “Company”) entered into a Sale and Purchase Agreement regarding issued shares of Leaping Group Co., Ltd. (the “Agreement”) with Jiang Bo (“Bo”), Jiang Tao (“Tao”) and Wang Di (“Di”, Bo and Tao, collectively the “Buyers”). Pursuant to the Agreement, subject to the terms and conditions contained therein, the Company will sell 10,217,230 ordinary shares of Leaping Group Co., Ltd, a Cayman Island exempt company and majority-owned subsidiary of the Company (“Leaping”) in exchange for (i) 5,555,548 ordinary shares of the Company owned by the Buyers and (ii) payment by the Buyers in the amount of US$2,300,000 plus interest at an interest rate of 10% per annum on the unpaid amount if the principal amount of US$2,300,000 is not paid by January 14, 2022. All principal and accrued and unpaid interest shall be due on January 14, 2023. The parties intend to close the Agreement on January 29, 2021. After the closing of the Agreement, Leaping will no longer be a subsidiary of the Company.

 

The description of the Agreement is qualified in its entirety by reference to the Shares Sale and Purchase Agreement, a copy of which is attached hereto as Exhibit 99.1.

 

Incorporation by Reference

 

This Form 6-K, including all exhibits attached hereto, is hereby incorporated by reference into the Registrant’s Registration Statements on Form F-3 filed with the Securities and Exchange Commission on June 12, 2020 (Registration file numbers 333-239131), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ATIF Holdings Limited
   
   
  By: /s/ Pishan Chi 
   

Pishan Chi

    Chief Executive Officer
     
Dated: January 19, 2021    

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Sale and Purchase Agreement regarding issued shares of Leaping Group Co., Ltd., dated January 14, 2021, by and between ATIF Holdings Limited, Jiang Bo, Jiang Tao, and Wang Di.  
     
99.2   Press release “ATIF Holdings Limited Announces Entry of Sale and Purchase Agreement regarding issued shares of Leaping Group Co., Ltd.” dated January 19, 2021