Autozi Internet Technology (Global) Ltd. SEC Filings

Autozi Internet Technology (Global) Ltd. reported receiving two Nasdaq notices that together highlight mixed progress on its listing status. One letter, dated January 7, 2026, confirms the company has regained compliance with Nasdaq’s minimum bid price rule after previously facing a delisting determination when its shares traded at or below US$0.10 for ten consecutive days.

A second letter, dated January 6, 2026, states that Autozi remains out of compliance with Nasdaq Listing Rule 5450(b)(2)(A), which requires a minimum US$50 million market value of listed securities. Failure to meet this market value standard is an additional basis for delisting from the Nasdaq Global Market. Autozi has appealed and will present its views on the market value deficiency at a hearing scheduled for January 22, 2026.

Autozi Internet Technology (Global) Ltd. reported that it has signed a Securities Purchase Agreement with certain non-U.S. investors for a private placement of its shares. The company agreed to sell an aggregate of 1,748,630,000 Class A ordinary shares, each with a par value of $0.000001, at a price of $0.0183 per share in a transaction exempt from registration under U.S. securities laws. The company and the investors provided customary representations, warranties, and covenants in the agreement, and the closing is expected in the fourth quarter of 2025, subject to necessary regulatory clearance.

Autozi Internet Technology (Global) Ltd. is carrying out a 50-for-1 share consolidation. This type of action combines 50 existing shares into 1 new share, changing the number of shares outstanding and the per-share price mechanics while keeping the company’s overall equity base intact. The company also provided a related press release as an exhibit to give more detail on the consolidation for investors.

Autozi Internet Technology (Global) Ltd. (AZI) reports the results of a virtual Class A Meeting and an extraordinary general meeting of shareholders held on November 11, 2025, Eastern Time. Holders of Class A Ordinary Shares approved an ordinary resolution to increase the voting rights attached to each Class B Ordinary Share to 200 votes per share on all matters put to general meetings. Shareholders also adopted additional resolutions at the extraordinary general meeting, though these are not detailed in the provided excerpt.

Autozi Internet Technology (Global) Ltd. reported a board and leadership change. On November 18, 2025, Jun Wang resigned as a director for personal reasons, and the company states that her decision did not involve any disagreement over operations, policies, or practices.

At the same time, the board appointed Shirong Tong as a new director and joint Chief Executive Officer. Tong has a background in economics and business administration, with long-term academic experience as an associate professor in economics and management, and prior roles in sales, channel development, brand planning, and human resources at several Chinese and international companies. Autozi has entered into a director agreement and an employment agreement with Tong in connection with his appointment.

Autozi Internet Technology (Global) Ltd. filed a Form 6-K furnishing materials for upcoming shareholder meetings. The filing includes a Notice of a Meeting of the Holders of Class A Ordinary Shares and a Notice of an Extraordinary General Meeting of Shareholders, along with related proxy forms for Class A and Class B holders.

The company also furnished its Third Amended and Restated Memorandum and Articles of Association, indicating proposed governance updates to be considered at these meetings.

Autozi Internet Technology (Global) Ltd. reports a new financing and restructuring of a prior investment arrangement with JAK Opportunities XII LLC. The company and the investor signed a Waiver and Release Agreement under which the investor’s registration rights were terminated and all six Incremental Warrants, which had allowed purchases of up to $24,000,000 in additional senior unsecured convertible notes, were cancelled. In exchange, Autozi issued a new senior unsecured convertible note with an original principal amount of $1,534,250, bearing no interest and maturing in one year. The new note was sold in a private placement to an accredited investor under an exemption from U.S. registration, and the Class A ordinary shares issuable upon its conversion are not registered for public sale in the United States.