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The latest update is out from Jiuzi Holdings ( (JZXN) ).
On September 29, 2025, Jiuzi Holdings, Inc. entered into securities purchase agreements with institutional investors to sell 9,220,000 ordinary shares at $0.60 per share, raising $5.532 million in a registered direct offering. Concurrently, the company issued warrants for 18,440,000 shares in a private placement. The offering closed on September 30, 2025, and Jiuzi plans to use 70% of the proceeds to invest in cryptocurrency assets, potentially impacting its financial strategy and market positioning.
More about Jiuzi Holdings
Jiuzi Holdings, Inc. is a leading provider of smart charging infrastructure for new energy vehicles in China’s lower-tier cities. The company specializes in high-power DC fast-charging stations and integrated energy storage systems, with plans to expand its intelligent charging network through 2026. Jiuzi Holdings is also venturing into cryptocurrency asset investments to diversify its capital structure.
Average Trading Volume: 2,485,269
Technical Sentiment Signal: Sell
Current Market Cap: $22.91M
Learn more about JZXN stock on TipRanks’ Stock Analysis page.