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GlobeNewsWire
18 days ago
ATIF Holdings Limited Signs Non-Binding Letter of Intent to Acquire Metra Group Limited
Irvine, California, April 28, 2026 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (Nasdaq: ZBAI) (the “Company” or “ATIF”) and Metra Group Limited, a Cayman Islands exempted company (“Metra Group”), today jointly announced that they have signed a non-binding letter of intent (“LOI”), pursuant to which ATIF proposes to acquire all equity interests of Metra Group, a company engaged in issuing verifiable physical gold backed digital coins and an unified gold coin supported financial, trading, payment, settlement and asset management ecosystem. The proposed transaction is structured as a share-for-share acquisition, whereby ATIF will issue its ordinary shares and options to the shareholders of Metra Group based on a valuation of ranging from $450 million to $550 million, or as otherwise agreed upon by the parties.