 SHENZHEN, China, Dec. 18, 2020 GLOBE NEWSWIRE -- ATIF Holdings Limited Nasdaq: ATIF, the Company, a company providing business consulting services and multimedia services in Asia and North America, today announced that on December 16, 2020, it received a written notice the Notice from the Listing Qualifications Department of The Nasdaq Stock Market Nasdaq indicating that the Company is not in compliance with the minimum bid price requirement of US1.00 per share under the Nasdaq Listing Rules the Listing Rules. Based on the closing bid price of the Companys listed securities for the last 30 consecutive business days from November 3, 2020 to December 15, 2020, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550a2. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Companys securities on the Nasdaq Capital Market. 