Ogier has advised financial consulting and media company ATIF Holdings Limited on its initial public offering on NASDAQ raising up to US$20 million.
The Ogier team, led by partner Simon Schilder and assisted by managing associate Marie-Claire Fudge, acted alongside US firm, Hunter Taubman Fischer & Li LLC, with Boustead Securities LLC acting as the underwriter of the offering and Valuable Capital Limited acting as a selected dealer to the offer for investors outside the United States of America.
Commenting on the deal, Simon Schilder said: "We are pleased to have advised ATIF Holdings Limited on its IPO on NASDAQ, which represents another example of BVI companies being successfully used to raise money on the international capital markets.
"By utilising our European based BVI legal team on this IPO, we were able to seamlessly bridge the gap between the Asian and US time zones."