Business

Jiuzi Holdings, Inc. Announces Pricing of $5.5 Million Registered Direct Offering and Concurrent Private Placement

HANGZHOU, China, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) (“Jiuzi” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 9,220,000 shares (the “Ordinary Shares”) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell unregistered Warrants (“Warrants”) to purchase up to an aggregate of 18,440,000 Ordinary Share

articleJiuzi Holdings, Inc.September 29, 20253/company/jiuzi-holdings-inc/news/jiuzi-holdings-inc-announces-pricing-132500387
Jiuzi Holdings, Inc. Announces Pricing of $5.5 Million Registered Direct Offering and Concurrent Private Placement

About this update from Jiuzi Holdings, Inc.

[{"type":"image","alt":"Jiuzi Holdings Inc.","displaySize":"","headline":null,"caption":"Jiuzi Holdings Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":125,"height":25,"url":"https://media.zenfs.com/en/globenewswire.com/fc65d176226b77a89244665de084fb28"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/qiaDFtLXvxpLgFWQas5BSQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTQyO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/fc65d176226b77a89244665de084fb28","width":125,"height":25}},"lazy":false},{"type":"text","content":"HANGZHOU, China, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) (“Jiuzi” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 9,220,000 shares (the “Ordinary Shares”) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell unregistered Warrants (“Warrants”) to purchase up to an aggregate of 18,440,000 Ordinary Shares. The combined effective offering price for each Ordinary Share and the accompanying Warrants is $0.60. Each private placement warrant will be immediately exercisable, expire five and one-half years from the initial exercise date and will have an exercise price of $0.60 per share.","length":782,"tagName":"p"},{"type":"text","content":"The combined gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be $5.5 million before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or about September 30, 2025, subject to the satisfaction of customary closing conditions. The Company plans to use around 70% of the proceeds from this offering to invest in cryptocurrency assets.","length":465,"tagName":"p"},{"type":"text","content":"Maxim Group LLC is acting as the sole placement agent in connection with the offering.","length":86,"tagName":"p"},{"type":"text","content":"The Ordinary Shares sold in the registered direct offering are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-267617), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 14, 2022. The offering of Ordinary Shares will be made only by means of a prospectus su...

More updates from Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc.Ordinary Sharesprivate placementThe Companyregistered direct offeringMaxim Group LLCplacement agentCompanyoffering price