Jiuzi Holdings expands private placement to $300M

Jiuzi Holdings (JZXN) announced that, following the completion of its $60M private placement, participating investors are proceeding to expand the private financing to an aggregate scale of $300M. According to the Company, since the completion of the initial $60M private placement, the institutional building capabilities and capital deployment efficiency demonstrated by the DAT strategy have continued to attract significant market attention. Multiple investment institutions that participated in the initial round have expressed clear interest in additional subscriptions, while several new investors have initiated internal due diligence processes with the intention of joining this expanded round. The parties are currently engaged in in-depth discussions regarding specific terms, including the expanded scale, lock-up periods, and asset delivery methods.