IRVINE, Calif., Dec. 28, 2022 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF, the “Company” or “ATIF”) is pleased to announce that it through its wholly-owned subsidiary ATIF Business Consulting, LLC has entered into a definitive consulting agreement for a total service fee of $0.8 million to provide IPO advisory services to Vessel Technology Inc. (“VESSEL”), an emerging micro-lodging integrated operator.
Through multiple in-depth communications and conversations, ATIF fully understood VESSEL’s strategic planning and corporate needs, and conducted preliminary due diligence on VESSEL to gain an in-depth understanding of its business model, market size and development prospects. Both companies reached a consensus on promoting the high-quality development of VESSEL with the help of capital markets, and formally signed the consulting agreement.
Jun Liu, President, Chairman and CEO of ATIF, said: “We are pleased to announce this advisory project for VESSEL. As an innovator of micro-accommodation, VESSEL has an impressive reputation in the industry for its advanced product concept, high-quality customer service and reasonable pricing. In this fast-growing industry, I look forward to seeing VESSEL growing and realizing its ambitious expansion plan as a listed company in the future.”
In connection with this advisory project, ATIF will provide all-round guidance and escort VESSEL on its path to the capital markets according to its development needs.
VESSEL is an emerging micro-hotel integrated operator, founded in 2022, dedicated to providing stylish and smart micro-hotel accommodation for outdoor travel and travelers away from the city. VESSEL has developed an innovative, highly designed, self-contained cabin using prefabricated structural components to reduce disruption to the site and minimize environmental impact, combining technology with comfort. “Providing customers with unique opportunities to communicate with nature and allowing users to wake up to breathtaking views.” VESSEL currently has 325,000 square feet of manufacturing and warehousing space, uses ERP and MES production management execution systems, and offers a complete set of design and development solutions.
ATIF Holdings Limited (NASDAQ: ATIF) is an Irvine-based financial group that provides professional and compliant IPO and M&A advisory services to companies through a combination of business, financial, counseling and consulting services. ATIF has professional and skilled business and financial services experience, and has successfully provided dozens of companies with full U.S. IPO counseling and consulting services to date. ATIF owns a comprehensive financial services network platform www.IPOEX.com, developed by a strong team of technology development and network experts, which provides SMEs with one-stop services across digital finance, business consulting, asset securitization and digitization. ATIF was awarded the “Golden Bauhinia Award”, the highest award in the financial and securities industry in Hong Kong, for “Top 10 Best Listed Companies”.
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