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ATIF Holdings soars after tentative agreement to buy cryptocurrency exchange

ReutersSep 17, 2025 9:52 PM

Shares of business consulting company ATIF Holdings ZBAI.O jump 39% to $15.25 after the bell

ZBAI enters into non-binding letter of intent to acquire cryptocurrency exchange Mask Global Market

ZBAI proposes to acquire 100% equity of Mask Global through issuance of shares

LOI stipulates a 60-day exclusivity period, restricting both parties from negotiating similar deals with others

Up to last close, ZBAI had fallen over 43% YTD

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