Jiuzi Holdings, Inc. - Ordinary Shares (JZXN)

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).

SHENZHEN, China, Sept. 15, 2023 (GLOBE NEWSWIRE) -- United Time Technology Co. Ltd, an entity controlled via contractual agreement by UTime Ltd. (NASDAQ:WTO; the "Company" or “WTO”) signed a strategic partnership agreement on September 12, 2023 to design, assemble and supply up to 10,000 new smart EV chargers to Shenzhen Jiuzi XinNeng Holding Group Co., Ltd. (“Jiuzi”), an indirect subsidiary of Jiuzi Holdings, Inc. (NASDAQJZXN) from 2024 to 2027. The parties aim to deploy the chargers to provide more convenient and efficient charging solutions for electric vehicle users in third and fourth-tier cities in China. This cooperation is expected to leverage the advantages of both parties in technology, service and marketing to inject new impetus into the sustainable development of the electric vehicle industry chain and create greater value for investors, partners and customers.

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.

Jiuzi Holdings (NASDAQJZXN), a new energy vehicles (“NEV”) franchisor and retailer under the brand name Jiuzi in China and its wholly owned subsidiary Zhejiang Jiuzi New Energy Vehicles Co., have entered into an agreement with Jiangsu Skywell Automobile Co. Ltd. Skywell is the manufacturer of Skyworth, a leading Chinese electric vehicle (“EV”). The one-year cooperation agreement grants Zhejiang Jiuzi nonexclusive right to use Skywell’s Skyworth trademark as well as the right to sell Skywell’s EV6 SUV series in 2022 and 2023. Owned by Skywell New Energy Automobile Group, Skywell is a high-tech enterprise working on integrating R&D, production and sales of new energy passenger vehicles and is one of the few large auto groups in China with full series production qualification of new energy commercial vehicles and passenger vehicles. Zhejiang Jiuzi anticipates purchasing 500 EVs, with a mix of mass-production and customized models. “At Jiuzi, we believe that the power of electric vehicles is to achieve carbon neutral, green and sustainable financial growth simultaneously and prevalently,” said Jiuzi Holdings CEO Shuibo Zhang in the press release. “This year’s government work report explicitly showed that China is among the leading markets with its stringent 2025 fuel consumption requirements for passenger vehicles, which supports major updates for EVs to align with the country’s decarbonization mission. That is why we are committed to this new energy business and have since formed sales partnerships with leading EV brands around the country.”

Palm Beach, FL – February 10, 2022 – FinancialNewsMedia.com News Commentary – The consumer demand for Electric Vehicles (EV) has manufactures gearing up production at an amazing rate. Factors such as growing demand for low emission commuting and governments supporting long range, zero emission vehicles through subsidies & tax rebates have compelled the manufacturers to […]

Hanzhou, CN – February 10, 2022 – Jiuzi Holdings, Inc. (NASDAQ:JZXN; the “Company”), a new energy vehicles franchisor and retailer under the brand name “Jiuzi” in China, today announced that, on December 25, 2021, the Company, through its wholly-owned subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd. (“Zhejiang Jiuzi”), has entered into a two-year strategic […]

Palm Beach, FL – January 11, 2022 – FinancialNewsMedia.com News Commentary – The consumer demand for Electric Vehicles (EV) has been growing substantially in the past few years and is projected to continue for years to come.  An electric vehicle operates on electricity unlike its counterpart, which runs on fuel. Instead of internal combustion engine, […]

HANGZHOU, CN – January 11, 2022- Jiuzi Holdings, Inc. (NASDAQJZXN) (the “Company”; Jiuzi New Energy), a new energy vehicles franchisor and retailer under the brand name “Jiuzi” in China, today announced that, on December 23, 2021, the Company, through its wholly-owned subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd. (“Zhejiang Jiuzi”), has entered into a […]