Jiuzi Holdings provides details of its $1B capital plan

Jiuzi Holdings (JZXN) announced the implementation details of its previously disclosed $1B capital plan. The Company intends to raise funds through market investors and execute the plan via an ongoing purchase program, capped at $1B. The funding sources are expected to include market financing, additional commitments from existing shareholders, revenue generated from operations, and participation from institutional investors. This diversified mix not only reflects the capital market’s strong recognition of the Company’s fundamentals and strategy but also provides solid assurance for the smooth execution of the plan. The capital plan is designed to expand global market share, optimize the capital structure, and enhance long-term shareholder value. By introducing diversified capital and following a disciplined execution process, JZXN aims to consolidate its leadership position and capture new growth opportunities. Initial purchases under the plan are expected to begin within two weeks.