ATIF Holdings Ltd (AUC) Form 6-K — Jul 31, 2026
ATIF Holdings Limited (AUC) has entered into a definitive agreement to acquire GoldCoin Labs Limited, a British Virgin Islands company developing a gold-backed digital token called Metra Gold (GOLDM). The acquisition consideration is fixed at $20 million, payable in the issuance of approximately 2.8 million ordinary shares based on a 5-day volume-weighted average price prior to signing. The company previously pursued a similar transaction with Metra Group Limited, the parent of GoldCoin, via a non-binding letter of intent that expired in June 2026.
Key figures
- Deal Value Usd
- 20000000
- Shares Issued
- 2815005
- Shares Outstanding
- 19313373
- Lockup Period Days
- 180
- Share Price Vwap Period
- 5 trading days prior to agreement
AI analysis
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