Jiuzi Holdings (JZXN) has released an update.
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Jiuzi Holdings Inc. has entered into a Securities Purchase Agreement to sell 500,000 ordinary shares at $0.72 each to non-US investors as defined by Regulation S. The transaction is set under the exemption from securities registration, allowing the company to raise capital for its operations. This move signifies Jiuzi Holdings’ strategic efforts to expand its investor base while leveraging regulatory frameworks for international investments.
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