ATIF Holdings announces $1.6M financial consulting service agreement
ATIF Holdings announced that it had entered into a financial consulting service agreement to act as a financial advisor for Shenzhen Micro Union Gold League Electronic Commerce Technology. The agreement was signed in anticipation of MUGL's entrance into the U.S. capital market. Pursuant to the Agreement dated July 8, 2019, ATIF agreed to provide services including business consulting, capital market advising for business planning and strategy development, planning and assisting with fund raising activities, and investor and public relations services. As consideration, MUGL agreed to pay the Company a fixed consulting fee of $1.6 million, to be paid in installments and subject to certain conditions.