China Jo-Jo Drugstore terminates prior registered direct offering

China Jo-Jo Drugstores announced that the previously announced registered direct offering to issue 2,258,888 ordinary shares and registered warrants to purchase up to 4,517,776 ordinary shares to an institutional investor was terminated. No securities were sold pursuant to the company’s shelf registration statement on Form F-3 (No. 333-259692) in connection with such previously proposed offering.