Quick Take
Asia Times (ATIF) intends to raise gross proceeds of up to $20 million from a ‘best efforts’ U.S. IPO, according to an F-1/A registration statement.
The firm provides financial consulting services to companies in China.
ATIF is a profitable but tiny firm. The IPO has several non-standard characteristics and the proposed valuation is high.
Company & Technology
Shenzhen, China-based Asia Times was founded in 2015 to provide small and medium-sized enterprises in China financial consulting services to enable them to go public on OTC markets and exchanges in the US