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0.253894658753709 0.0474777448071218 -0.0144658753709197 -0.0727002967359051 -0.201409495548961 -0.149480712166172 -0.164873887240356 -0.144287833827893
Stock impact report

Jiuzi Holdings, Inc. Announces Up to $30 Million Private Placement for Cryptocurrency Acquisition

Jiuzi Holdings, Inc. - Ordinary Shares (JZXN) 
Company Research Source: PR Newswire
HANGZHOU, China, Oct. 2, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company") today announced that it has entered into securities purchase agreements with certain non-U.S. institutional investors for a private placement offering to raise gross proceeds of up to US$30 million through the issuance of units (each consisting of common stock and warrants). The net proceeds raised will primarily be used to purchase cryptocurrencies.Each unit comprises one share of common stock having a par value of US$0.00039 per share (issued at a price of US$0.42 per share) and three warrants. Each warrant is exercisable within three years from the date of issuance at an exercise price of US$0.50 per share for one share of common stock. Under specific circumstances, these warrants may be exercised on a cashless basis.This offering is being made in reliance on exemptions from registration under the Securities Act of 1933, as amended (the "Securities Act"), including Regulation S and Sect Show less Read more
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