Articles from Jiuzi Holdings Inc.

Shenzhen, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the "Company" or “JZXN”), recently announced the amicable termination of acquisition negotiations with Shenzhen Maigesong Electric Technology Co., Ltd. ("Shenzhen Maigesong"). Although the proposed collaboration will not proceed, the experience has been a valuable step in JZXN’s exploration of opportunities in the renewable energy sector, providing fresh insights and momentum for the Company’s future development.

HANGZHOU, China, June 28, 2024 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group under the brand name "Jiuzi" in China, today announced that it will effect a reverse share split of its outstanding ordinary shares, par value $0.00015 per share (the “Ordinary Shares”), at a ratio of 1-for-13, to be effective on or around the open of trading on July 3, 2024.

HANGZHOU, China, May 22, 2024 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the "Company" or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, announced today that on May 16, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).

HANGZHOU, China, March 29, 2024 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (Nasdaq: JZXN; the "Company" or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, announced today that it has received a letter from the Nasdaq Stock Market, dated March 25, 2024 (the “Deficiency Letter”), notifying the Company that it is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because it did not timely file its annual report on Form 20-F for the year ended October 31, 2023 (the “2023 Annual Report”).

HANGZHOU, China, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the "Company" or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, announced today that on November 8, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).

4-Year-Plan on deployment of the EV chargers in China's Third and Fourth-Tier Cities for Smart EV chargers, Turning the Green Wheel for Rural Revitalization

HANGZHOU, China, July 26, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, is pleased to announce that on July 24, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.

HANGZHOU, China, July 20, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, announced today the closing of its previously announced registered direct offering to certain institutional investors 1,395,151 of its ordinary shares, par value $0.018 per share, at a purchase price of $1.65 per share, for gross proceeds of approximately $2.3 million.

HANGZHOU, China, July 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase $2.3 million worth of its ordinary shares in a registered direct offering.

HANGZHOU, China, July 07, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group under the brand name "Jiuzi" in China, today announced that it will effect a reverse share split of its outstanding ordinary shares, par value $0.001 per share (the “Ordinary Shares”), at a ratio of 1-for-18, to be effective on or around the open of trading on July 10, 2023.