Jiuzi Holdings Files 20-F/A, Confirms Reporting Obligations
Ticker: JZXN · Form: 20-F/A · Filed: Jun 3, 2025 · CIK: 1816172
Sentiment: neutral
Topics: 20-F/A, SEC Filing, Jiuzi Holdings, Regulatory Compliance, Annual Report Amendment, Nasdaq, China Auto Retail
Related Tickers: JZXN
TL;DR
**JZXN's 20-F/A is a procedural update, confirming reporting status and share count, not a game-changer for traders.**
AI Summary
Jiuzi Holdings, Inc. filed an Amendment No. 1 to Form 20-F for the fiscal year ended October 31, 2024, primarily to update its annual report. The filing confirms that Jiuzi Holdings, Inc. is not a well-known seasoned issuer and is required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. As of October 31, 2024, the company had 11,011,389 ordinary shares issued and outstanding, with a par value of $0.00195 per share. The company's ordinary shares are traded on the Nasdaq Capital Market under the symbol JZXN. The amendment clarifies administrative details and reaffirms the company's reporting obligations, without disclosing specific changes to revenue or net income in this particular filing. The business address is No.168 Qianjiang Nongchang Gengwen Road, 15th Floor, Xiaoshan District, Hangzhou City, Zhejiang Province 310000, People’s Republic of China, with CEO Tao Li as the primary contact. This filing is an administrative update to a previously submitted annual report.
Why It Matters
This 20-F/A filing is an administrative amendment, primarily clarifying Jiuzi Holdings' reporting status and outstanding share count for investors. While it doesn't reveal new financial performance data, it ensures regulatory compliance, which is crucial for maintaining investor confidence and market transparency. For employees and customers, the filing has minimal direct impact, but it underscores the company's adherence to SEC regulations. In the competitive auto retail sector, consistent and accurate filings are foundational for a company like Jiuzi Holdings, which operates in China and is listed on Nasdaq, to maintain its market standing and attract capital.
Risk Assessment
Risk Level: low — The risk level is low because this 20-F/A is an amendment to an annual report, primarily for administrative clarification rather than disclosing new adverse financial or operational information. It confirms Jiuzi Holdings is not a well-known seasoned issuer and has 11,011,389 ordinary shares outstanding as of October 31, 2024, which are standard disclosures.
Analyst Insight
Investors should view this 20-F/A as a routine compliance update, not a signal for immediate action. Focus on the full 20-F for detailed financial performance and operational insights, as this amendment provides only administrative clarifications.
Key Numbers
- 11,011,389 — Ordinary Shares Outstanding (As of October 31, 2024, indicating the total number of shares in circulation.)
- $0.00195 — Par Value Per Share (The nominal value assigned to each ordinary share.)
- 20241031 — Conformed Period of Report (The fiscal year-end date for the annual report being amended.)
- 20250603 — Filed As Of Date (The date the 20-F/A was officially filed with the SEC.)
Key Players & Entities
- Jiuzi Holdings, Inc. (company) — Registrant and filer of 20-F/A
- SEC (regulator) — Securities and Exchange Commission
- Nasdaq Capital Market (company) — Exchange where JZXN ordinary shares are registered
- Tao Li (person) — Chief Executive Officer of Jiuzi Holdings, Inc.
- $0.00195 (dollar_amount) — Par value per ordinary share
- 11,011,389 (dollar_amount) — Number of ordinary shares issued and outstanding as of October 31, 2024
- October 31, 2024 (date) — Fiscal year end covered by the annual report
- 001-40405 (regulator) — Commission file number
- Cayman Islands (regulator) — Jurisdiction of incorporation
- People’s Republic of China (regulator) — Location of principal executive offices
FAQ
What is the purpose of Jiuzi Holdings' 20-F/A filing?
The 20-F/A filing by Jiuzi Holdings, Inc. is an Amendment No. 1 to its annual report, primarily for administrative updates and clarifications, such as confirming its reporting obligations and outstanding share count as of October 31, 2024.
How many ordinary shares did Jiuzi Holdings have outstanding as of October 31, 2024?
As of October 31, 2024, Jiuzi Holdings, Inc. had 11,011,389 ordinary shares issued and outstanding, as stated in the 20-F/A filing.
Is Jiuzi Holdings considered a well-known seasoned issuer?
No, the 20-F/A filing explicitly indicates that Jiuzi Holdings, Inc. is not a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Where are Jiuzi Holdings' ordinary shares traded?
Jiuzi Holdings, Inc.'s ordinary shares, with the trading symbol JZXN, are registered and traded on the Nasdaq Capital Market.
Who is the CEO of Jiuzi Holdings, Inc.?
Tao Li is identified as the Chief Executive Officer and the primary company contact person for Jiuzi Holdings, Inc. in the 20-F/A filing.
What is the fiscal year-end for Jiuzi Holdings, Inc.?
The fiscal year-end for Jiuzi Holdings, Inc., as covered by the annual report being amended, is October 31, 2024.
What is the par value of Jiuzi Holdings' ordinary shares?
The par value of Jiuzi Holdings, Inc.'s ordinary shares is $0.00195 per share, as detailed in the 20-F/A filing.
What is the business address of Jiuzi Holdings, Inc.?
The business address of Jiuzi Holdings, Inc. is No.168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Hangzhou City, Zhejiang Province 310000, People’s Republic of China.
Does this 20-F/A filing contain new financial performance data for Jiuzi Holdings?
No, this 20-F/A filing is an administrative amendment and does not disclose new financial performance data such as changes in revenue or net income for Jiuzi Holdings, Inc.
Why is Jiuzi Holdings required to file reports under the Securities Exchange Act of 1934?
Jiuzi Holdings, Inc. is required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 because it is not exempt and is a publicly traded company on the Nasdaq Capital Market.
Industry Context
Jiuzi Holdings operates within the retail auto dealers and gasoline stations sector (SIC code 5500). This industry is characterized by cyclical demand influenced by economic conditions, consumer confidence, and fuel prices. Competition can be intense, with both large dealership groups and independent operators vying for market share.
Regulatory Implications
As a foreign private issuer with shares traded on a U.S. exchange, Jiuzi Holdings is subject to U.S. securities laws and SEC reporting requirements, including the filing of Form 20-F. Compliance with these regulations is crucial for maintaining its listing and investor confidence.
What Investors Should Do
- Monitor future filings for detailed financial performance.
- Review the company's business description and risk factors in prior filings.
Key Dates
- 2024-10-31: Fiscal Year End — Marks the end of the reporting period for the annual report being amended.
- 2025-06-03: Filing of 20-F/A Amendment No. 1 — Indicates the date the updated annual report was officially submitted to the SEC.
Glossary
- Form 20-F/A
- An amendment to a Form 20-F, which is an annual report required for foreign private issuers with securities traded in the U.S. The '/A' signifies an amendment to a previously filed document. (This filing is an amendment to Jiuzi Holdings' annual report, indicating updates or corrections to the original filing.)
- Ordinary Shares
- The basic form of stock that represents ownership in a corporation. Holders of ordinary shares typically have voting rights and are entitled to dividends. (Jiuzi Holdings has 11,011,389 ordinary shares issued and outstanding, which are traded on the Nasdaq Capital Market.)
- Par Value
- A nominal value assigned to a share of stock by the company's charter. It is often a very small amount and does not reflect the market value of the stock. (Jiuzi Holdings' ordinary shares have a par value of $0.00195 per share, a standard practice for many companies.)
- Nasdaq Capital Market
- A tier of the Nasdaq stock market that lists smaller companies that meet certain minimum financial and liquidity standards. (This is the exchange where Jiuzi Holdings' ordinary shares (JZXN) are traded, indicating its listing status.)
- Section 13 or 15(d) of the Securities Exchange Act of 1934
- These sections of the Exchange Act mandate reporting requirements for companies whose securities are traded in the U.S. Section 13 applies to companies with securities registered on a national exchange, while Section 15(d) applies to companies that have filed a registration statement under the Securities Act of 1933. (Jiuzi Holdings is required to file reports under these sections, confirming its status as a reporting company and not a voluntary filer.)
Year-Over-Year Comparison
This filing is an Amendment No. 1 to the Form 20-F for the fiscal year ended October 31, 2024. As it is an amendment primarily for administrative updates, it does not present comparative financial data against the prior year's filing. Key metrics such as revenue, net income, and margins are not updated in this specific amendment.
Filing Details
This Form 20-F/A (Form 20-F/A) was filed with the SEC on June 3, 2025 by Tao Li regarding Jiuzi Holdings, Inc. (JZXN).