Jiuzi Holdings Enters Securities Purchase Agreement
Ticker: JZXN · Form: 6-K · Filed: Oct 17, 2024 · CIK: 1816172
Sentiment: neutral
Topics: financing, agreement
TL;DR
Jiuzi Holdings signed a deal with investors on Oct 17, 2024. Details TBD.
AI Summary
On October 17, 2024, Jiuzi Holdings, Inc. entered into a securities purchase agreement with certain investors. The filing does not specify the dollar amounts or terms of this agreement, but it is a report of a foreign private issuer for the month of October 2024.
Why It Matters
This filing indicates Jiuzi Holdings is engaging in new financing or investment activities, which could impact its future operations and financial structure.
Risk Assessment
Risk Level: medium — The filing indicates a new agreement with investors, but lacks specific financial details, creating uncertainty about the deal's impact.
Key Players & Entities
- Jiuzi Holdings, Inc. (company) — Registrant
- October 17, 2024 (date) — Date of securities purchase agreement
- Securities Purchase Agreement (document) — Agreement entered into by the company
FAQ
What is the nature of the securities purchase agreement entered into by Jiuzi Holdings, Inc. on October 17, 2024?
The filing states that on October 17, 2024, Jiuzi Holdings, Inc. entered into a securities purchase agreement with certain investors, but does not provide further details on the terms or nature of the agreement.
Who are the specific investors that entered into the agreement with Jiuzi Holdings, Inc.?
The filing refers to 'certain investors' but does not name them specifically.
What is the total dollar amount involved in the securities purchase agreement?
The filing does not disclose the dollar amount of the securities purchase agreement.
What type of securities are being purchased under the agreement?
The filing does not specify the type of securities involved in the purchase agreement.
Is Jiuzi Holdings, Inc. required to file annual reports under Form 20-F or Form 40-F?
Yes, Jiuzi Holdings, Inc. indicates it files annual reports under Form 20-F.
Filing Stats: 312 words · 1 min read · ~1 pages · Grade level 11 · Accepted 2024-10-17 16:50:33
Key Financial Figures
- $0.00195 — e of 500,000 ordinary shares, par value $0.00195 per share, of the Company at a price of
- $0.72 — per share, of the Company at a price of $0.72 per share, for aggregate gross proceeds
- $360,000 — share, for aggregate gross proceeds of $360,000. The Company and each Purchaser to the
Filing Documents
- ea0217932-6k_jiuzi.htm (6-K) — 11KB
- ea021793201ex99-1_jiuzi.htm (EX-99.1) — 247KB
- 0001213900-24-088557.txt ( ) — 259KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibits . Exhibit No. Description 99.1 Form of Securities Purchase Agreement 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Jiuzi Holdings Inc. Date: October 17, 2024 By: /s/ Tao Li Tao Li Chief Executive Officer 2