Jiuzi Holdings Plans $30 Million Private Placement for Crypto Acquisition

On October 2, 2025, Jiuzi Holdings, Inc., traded on NASDAQ under JZXN, announced a private placement to raise up to $30 million. This funding involves the issuance of units comprising common stock and warrants, aimed at acquiring cryptocurrencies. The units are priced at $0.42 per share, while each warrant allows for the purchase of one additional share at $0.50, exercisable within three years, with a cashless exercise option under certain conditions.

The offering leverages exemptions from registration under the Securities Act of 1933, specifically Regulation S and Section 4(a)(2). This announcement clarifies that it does not represent an offer or solicitation in jurisdictions where it would be illegal without proper registration.