Under the Nasdaq Listing Rules, the Company has until November 12, 2024 to regain compliance. If at any time during such 180-day period the closing bid price of the Company's Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance.
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6-K - Jiuzi Holdings, Inc. (0001816172) (Filer)
6-K - Jiuzi Holdings, Inc. (0001816172) (Filer)
6-K - Jiuzi Holdings, Inc. (0001816172) (Filer)
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. JZXN had previously planned to fully acquire Shenzhen Maigesong to support the development of its lithium battery production line and expand its market reach. However, after multiple rounds o
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. Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market ("Nasdaq") on or around Tuesday, July 3, 2024. Following the reverse share split, the Ordinary Shares will have a par value of $0.00195 per sh
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). The notification received
HANGZHOU, China, July 26, 2022 /PRNewswire/ -- 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 successfully held a business conference (the "Conference") at the Company's headquarters in Hangzhou to further its continuous effort in expanding its geographical presence via cooperation with other leading EV brands in China. The Conference was held with the presence of Kunshan Baoneng Auto Sales Co., Ltd. ("Kunshan Baoneng"), the subsidiary of Baoneng Auto Group Ltd. ("Baoneng Auto"), with which the Company executed a Letter of Intent (the "LOI") executed in June to allow
SC 13G - Jiuzi Holdings, Inc. (0001816172) (Subject)