Jiuzi holdings, inc. announces up to $30 million private placement for cryptocurrency acquisition

Hangzhou, china , oct. 2, 2025 /prnewswire/ -- jiuzi holdings, inc. (nasdaq: jzxn; the "company") today announced that it has entered into securities purchase agreements with certain non-u.s. institutional investors for a private placement offering to raise gross proceeds of up to us$30 million through the issuance of units (each consisting of common stock and warrants). the net proceeds raised will primarily be used to purchase cryptocurrencies.
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