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Jiuzi Holdings Announces Strategic Investor’s Commitment to Invest at Least US$50 Million at a Minimum Price of US$2.50 per Ordinary Share

JZXN
  • Jiuzi Holdings, Inc. announced a strategic investor commitment to invest at least US$50 million.
  • The investment price is set at no less than US$2.50 per ordinary share.
  • Final investment amounts, share counts, & implementation timelines will be disclosed as transaction arrangements are finalized.
  • Completion of the investment is subject to applicable transaction arrangements, required approvals, & closing conditions.
  • The funds are expected to strengthen Jiuzi's capital resources, financial flexibility, & long-term value creation.
  • Jiuzi Holdings is a Nasdaq-listed holding company with subsidiaries in batteries, electrical equipment, & related products.
  • The Company is also pursuing technology initiatives including AI intelligent imaging & data platform solutions.
  • The press release includes forward-looking statements regarding future events, with actual outcomes potentially differing due to various risks.
  • Investor & media inquiries can be directed to coco@jzxn.com.