Jiuzi Holdings Inc. Announce Reverse Split Record Date

Rhea-AI Summary

Jiuzi Holdings (NASDAQ: JZXN) approved a 1-for-40 reverse stock split of its ordinary shares, effective 04:01 p.m. ET on December 10, 2025 (Record Date). The split will reduce the pre-split outstanding share count from 50,231,389 to approximately 1,255,785 ordinary shares and raise the post-split par value to $0.078.

The company said the Reverse Stock Split is being undertaken with the objective of meeting the minimum $1.00 per share bid requirement for continued listing on The Nasdaq Capital Market. Shares will trade on a split-adjusted basis starting at market open on December 11, 2025 under the same ticker JZXN and a new CUSIP: G51400 151. No fractional shares will be issued.

Positive

• 1-for-40 consolidation reduces share count to ~1,255,785
• Post-split par value $0.078 per ordinary share
• Shares continue trading under JZXN with new CUSIP G51400 151
• No fractional shares will be created or issued

Negative

• Reverse split undertaken to meet Nasdaq $1.00 minimum bid requirement
• Outstanding shares reduced by approximately 97.5%, which may affect float and liquidity

Key Figures

Reverse split ratio 1-for-40 Approved reverse stock split of ordinary shares

Pre-split par value US$0.00195 Par value per ordinary share before reverse split

Post-split par value US$0.078 Par value per ordinary share after reverse split

Nasdaq bid requirement $1.00 per share Minimum bid price objective cited for the reverse split

Effective time 04:01 p.m. ET Reverse split effective time on December 10, 2025

Pre-split shares 50,231,389 shares Outstanding ordinary shares before reverse split

Post-split shares 1,255,785 shares Approximate outstanding ordinary shares after reverse split

New CUSIP G51400 151 CUSIP for ordinary shares after reverse split

Market Reality Check

$0.1800 Last Close

Volume Volume 262,189 is below 20-day average 1,413,997 (relative volume 0.19) ahead of the reverse split news. low

Technical Shares at $0.18 were trading below the 200-day moving average at $2.01 before this announcement.

Peers on Argus 1 Up 1 Down

Sector peers showed mixed moves: momentum names included KXIN down 5.70% and AZI up 5.77%, indicating no unified sector direction around this reverse split announcement.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Oct 30	Crypto partnership	Positive	+18.1%	Announcement of up to $1B Bitcoin staking with SOLV and SolvBTC vault.
Oct 27	Crypto partnership	Positive	-20.8%	Strategic agreement with SOLV on Bitcoin treasury integration and DeFi platform.
Oct 20	Crypto partnership	Positive	+4.1%	Strategic partnership with BitFi leveraging $2.75B TVL and BTC products.
Oct 13	Private placement	Positive	+5.3%	Crypto private placement funded with 100 Bitcoin for digital-asset infrastructure.
Oct 08	Crypto acquisition plan	Positive	+7.7%	Phased $1.0B cryptocurrency acquisition plan and first Bitcoin purchases.

Pattern Detected

Recent crypto-focused announcements often triggered sizable moves, with mostly aligned positive reactions but one notable negative divergence.

Recent Company History

Over the last few months, Jiuzi has focused on building a Bitcoin-centric treasury and DeFi partnerships. Announcements with BitFi, SOLV, and a US$1.0 billion crypto acquisition plan drove price swings from -20.83% to +18.07% within 24 hours of news. A private placement settled with 100 Bitcoin and large TVL partnerships ($2.75B–$2.8B) underscored this pivot. Today’s reverse split follows these capital markets and crypto-treasury initiatives but targets Nasdaq bid-price compliance rather than new crypto deployment.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-11-03

An effective Form F-3 dated Nov 3, 2025 registers the resale of up to 18,440,000 ordinary shares issuable from existing warrants. Proceeds, if warrants are exercised for cash, are allocated 70% to crypto asset purchases and 30% to working capital and corporate purposes. Exercises are subject to a 4.99% beneficial ownership cap for any holder.

Market Pulse Summary

This announcement sets a 1-for-40 reverse stock split effective Dec 10, 2025, reducing outstanding shares from 50,231,389 to about 1,255,785 to address Nasdaq’s $1.00 bid requirement. It follows recent crypto-treasury initiatives and an F-3 registering 18,440,000 warrant shares. Investors may monitor post-split trading liquidity, any warrant exercises under the 4.99% ownership cap, and future disclosures on how these tools affect capital structure.

Key Terms

reverse stock split financial

"has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

par value financial

"ordinary shares, a par value of US$0.00195 each (the “Ordinary Shares”)"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

record date financial

"will be effective at 04:01 p.m. (ET) on Wednesday, December 10, 2025 (the “Record Date”)"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

cusip financial

"will trade under the following new CUSIP number: G51400 151."

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

AI-generated analysis. Not financial advice.

HANGZHOU, China, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the “Company” or “JZXN”),  a leading new energy vehicle (NEV) dealership group operating under the brand name “Jiuzi” in China is reporting that its board of directors has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s ordinary shares, a par value of US$0.00195 each (the “Ordinary Shares”), at a ratio of 1-for-40, with a post-Reverse Stock Split par value of US$0.078.

The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market.

The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Wednesday, December 10, 2025 (the “Record Date”) and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Thursday, December 11, 2025. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol “JZXN” but will trade under the following new CUSIP number: G51400 151.

The number of the Company’s pre-Reverse Stock Split outstanding shares is 50,231,389 Ordinary Shares. As a result of the Reverse Stock Split, every 40 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from approximately 50,231,389 Ordinary Shares to approximately 1,255,785 Ordinary Shares. No fractional shares will be created or issued in connection with the reverse stock split.

The Reverse Stock Split will affect all holders of Ordinary Shares uniformly and will not affect any shareholder’s percentage ownership interest in the Company.

Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after December 11, 2025. Such beneficial holders may contact their bank, broker, or nominee for more information.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.

For investor and media inquiries, please contact:

Jiuzi Holdings Inc.
Email: iris@jzxn.com

FAQ

What reverse split ratio did Jiuzi Holdings (JZXN) approve and when is the record date?

Jiuzi approved a 1-for-40 reverse stock split effective at 04:01 p.m. ET on December 10, 2025 (Record Date).

How many JZXN shares will be outstanding after the December 10, 2025 reverse split?

Outstanding shares will be reduced from 50,231,389 to approximately 1,255,785 ordinary shares.

Why is Jiuzi Holdings (JZXN) doing a reverse stock split on December 10, 2025?

The company said the Reverse Stock Split is intended to meet the minimum $1.00 per ordinary share bid requirement for Nasdaq listing.

When will JZXN start trading on a split-adjusted basis and will the ticker change?

JZXN will trade on a split-adjusted basis when Nasdaq opens on December 11, 2025 and will continue using the ticker JZXN.

Will JZXN issue fractional shares after the 1-for-40 reverse split?

No, the company stated that no fractional shares will be created or issued in connection with the reverse split.

Will shareholders need to take action for the JZXN reverse split effective December 10, 2025?

Shareholders holding shares through a bank, broker, or nominee are not required to take any action and will see adjustments in their accounts on or after December 11, 2025.