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Jiuzi Holdings Inc - JZXN STOCK NEWS

Welcome to our dedicated news page for Jiuzi Holdings (Ticker: JZXN), a resource for investors and traders seeking the latest updates and insights on Jiuzi Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jiuzi Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jiuzi Holdings's position in the market.

Rhea-AI Summary
Jiuzi Holdings Inc. (JZXN) announces the acquisition of Shenzhen Maigesong Electric Technology Co., by its subsidiary Shenzhen Jiuzi. The deal involves the exchange of restricted shares and a RMB 30 million investment for a rechargeable lithium battery production line. The LOI includes revenue targets for Shenzhen Maigesong, with potential compensation measures if targets are not met.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-60.27%
Tags
-
Rhea-AI Summary
Jiuzi Holdings Inc. (JZXN) received a deficiency notification from Nasdaq due to a delayed annual report filing, risking non-compliance with listing rules. The company has 60 days to submit a plan for compliance, with a possible extension until September 10, 2024. The current status does not affect the listing of the company's shares on the Nasdaq Capital Market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.19%
Tags
none
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Rhea-AI Summary
Jiuzi Holdings Inc. (NASDAQ: JZXN) received a notification from Nasdaq regarding its non-compliance with the minimum bid price requirement. The company's Class A ordinary shares have been below $1.00 for 30 consecutive business days. Despite the notification, there is no immediate effect on the listing of the company's shares. Jiuzi Holdings has until May 6, 2024, to regain compliance, with the possibility of an additional 180-day period if certain conditions are met.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.6%
Tags
none
Rhea-AI Summary
Jiuzi Holdings Inc. plans to deploy up to 10,000 smart EV chargers in China's third and fourth-tier cities by 2027 through a strategic partnership with United Time Technology. The company expects to invest up to $7 million to procure and operate 1,000 EV chargers in 2024. If successful, an additional 9,000 EV chargers will be deployed by the end of 2027 for approximately $61 million. The projected annual revenue is estimated to reach $10.9 million if all 1,000 chargers are operational.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.79%
Tags
partnership acquisition
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Rhea-AI Summary
Jiuzi Holdings Inc. (NASDAQ: JZXN) regains compliance with Nasdaq's minimum bid price requirement after an 18-to-1 reverse split of its ordinary shares. The company received a notification letter from Nasdaq on July 24, 2023, confirming compliance with the minimum bid price rule.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.45%
Tags
Rhea-AI Summary
Jiuzi Holdings, Inc. has entered into a securities purchase agreement to sell $2.3 million worth of its ordinary shares in a registered direct offering. The offering is expected to close on July 19, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-54.24%
Tags
-
Rhea-AI Summary
Jiuzi Holdings, Inc. (NASDAQ: JZXN) will effect a reverse share split of its outstanding ordinary shares at a ratio of 1-for-18 to regain compliance with Nasdaq's minimum bid price requirement. Following the split, the Ordinary Shares will have a par value of $0.018 per share. The split will reduce the number of issued and outstanding shares from approximately 46.5 million to approximately 2.6 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.03%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.79%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
Jiuzi Holdings Inc

Nasdaq:JZXN

JZXN Rankings

JZXN Stock Data

55.86M
2.57M
0.56%
0.04%
0.19%
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