BEIJING, July 4, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) ("Autozi" or the "Company"), an automotive products and services company in China, today announced that it has received a notification letter dated July 2, 2025 (the "Notice") from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that for the last 30 consecutive business days, the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Notice has no current effect on the listing or trading of the Company's ADSs on N

BEIJING, May 20, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) ("Autozi" or the "Company"), an automotive products and services company in China, today announced that it has received a written notice (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated May 16, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"). As previously announced, the Company was notified by Nasdaq on February 5, 2025 that the Company's Class A ordinary shares failed to maintain a minimum bid price o

BEIJING, May 5, 2025 /PRNewswire/ -- In January 2025, Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) officially released its financial results for the fiscal year ended September 30, 2024, reporting steady and solid growth. In FY2024, Autozi's revenue reached $124.7 million, an increase of 9.9% year-on-year; gross profit increased significantly, up 152.6% year-on-year; operating expenses decreased by 14.3%. Double Growth in Revenue and Gross Profit According to the financial results, Autozi's revenue performance was solid, reaching $124.7 million, a year-over-year increase of 9.9%; gross profit was $1.3 million for FY 2024, an increase of 152.6%; operating expenses decreased by 14.3%

BEIJING, April 14, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) ("Autozi" or the "Company"), an automotive products and services company in China, today announced that the Company had received a notification letter ("Compliance Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), dated April 9, 2025, indicating that the Company has regained compliance with the minimum market value of listed securities ("MVLS") of $50,000,000 set forth in the Nasdaq Listing Rule 5450(b)(2)(A) (the "Rule"). As previously announced, the Company was notified by Nasdaq on March 25, 2025 that the Company was not in compliance with the minimum market value of listed securities ("MVLS

BEIJING, March 28, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) ("Autozi" or the "Company"), a automotive products and services company in China, today announced that it has received written notification (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") dated March 25, 2025, notifying the Company that it is not in compliance with the minimum Market Value of Listed Securities (MVLS) of $50,000,000. Nasdaq Listing Rule 5450(b)(2)(A) requires a company that has its primary equity security listed on the Nasdaq Global market to maintain a minimum Market Value of Listed Securities (MVLS) of $50,000,000, and Nasdaq Listing Rule 5810(c)(3)(C) provi

BEIJING, Jan. 31, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NASDAQ:AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced that it entered into a definitive Securities Purchase Agreement (the "Agreement") with an institutional investor (the "Buyer") on January 27, 2025, pursuant to which the Company issued to the Buyer a senior unsecured convertible note (the "Initial Note") and warrant to purchase additional senior unsecured convertible notes (the "Warrants" and together with the Initial Note, the "Notes"). The closing of the transaction contemplated by the Agreement occurred on January 27, 2

BEIJING, Jan. 27, 2025 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NASDAQ:AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced its financial results for the fiscal year ended September 30, 2024. The Company also filed its annual report on Form 20-F for the fiscal year ended September 30, 2024 with the Securities and Exchange Commission (the "SEC") on January 27, 2025, U.S. Eastern Time. The annual report can be accessed on the SEC's website at www.sec.gov. Management Commentary Dr. Houqi Zhang, Founder, Chairman, and Chief Executive Officer of Autozi, commented. "As we conclude a successful fisca

BEIJING, Nov. 29, 2024 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NASDAQ:AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced that Qirun Investment Co., Ltd. ("Qirun"), one of the Company's principal shareholders wholly owned by Dr. Houqi Zhang, the Company's founder and Chief Executive Officer, has entered into agreements to transfer 2,000,000 shares and 800,000 shares of Autozi's common stock to Leisure Stream Limited and CG Summit Inc., respectively, in exchange for certain strategic consulting services for Qirun (the "Share Transfers"). Kingswood Capital Partners, LLC ("Kingswood"), the unde

BEIJING, Aug. 29, 2024 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NASDAQGM:AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced the closing of its initial public offering (the "Offering") of 2,500,000 Class A ordinary shares at a public offering price of US$4 per Class A ordinary share. The Class A ordinary shares began trading on Nasdaq Capital Market under the ticker symbol "AZI" on August 28, 2024. The Company received aggregate gross proceeds of US$10 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underw

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