IRVINE, Calif., April 2, 2024 /PRNewswire/ -- MASSIMO GROUP (NASDAQ: MAMO), hereinafter referred to as "MASSIMO", consulted by ATIF Holdings Limited (NASDAQ: ATIF, hereinafter referred to as "ATIF") made its initial public offering on the NASDAQ Exchange under the ticker symbol MAMO. MASSIMO will issue shares at an expected price of US $4.00 to US $5.00 per share.

Founded in 2009, MASSIMO offers a number of well-loved and highly valued UTVs, off-road vehicles, and track vehicles in the industry. At the same time, Massimo provides customers with the highest level of high-power electric engine units in the industry, and is the first yacht manufacturer in the United States to provide high-power electric engines. It has very successful marketing and management experience in UTV utility terrain vehicles, ATV and V Bike sharing bikes in the US market.

Jun Liu, President, Chairman of the Board and Chief Executive Officer of ATIF, said, "We are excited to participate in MASSIMO's IPO. As MASSIMO's IPO consultant, we look forward to seeing MASSIMO grow through this IPO and complete its ambitious business expansion plan. The choice of listing is a new breakthrough for MASSIMO in its business development process, which indicates that MASSIMO will usher in greater development prospects and continuous growth sources in the future, bringing new vitality to the development of sustainable innovative technologies in the entire industry. It also lays a solid foundation for its further international development."

About ATIF

ATIF Holdings Limited (NASDAQ: ATIF) is a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States. The company has a proven track record in successfully delivering comprehensive U.S. IPO consulting services to clients primarily in the United States but also internationally. The mission of ATIF is to provide one-stop, comprehensive consulting services that guide clients through the complex and often challenging process of going public. ATIF recognizes the complexity and challenges associated with the process of going public, and endeavors to simplify it while ensuring optimal outcomes for its clients through its comprehensive consulting services. ATIF has been awarded the "Golden Bauhinia Award", the highest award in the financial and securities industry in Hong Kong, for "Top 10 Best Listed Companies".

Forward-Looking Statements

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