Univest Securities, LLC Announces Closing of $4.0 Million Registered Direct Offering for its Client Jiuzi Holdings, Inc. (NASDAQ: JZXN)

Core Viewpoint - Univest Securities, LLC has successfully closed a registered direct offering of approximately $4.0 million for Jiuzi Holdings, Inc., a company focused on sustainable energy and financial innovation [1][3]. Group 1: Offering Details - Jiuzi Holdings, Inc. has agreed to sell 1,600,000 Class A ordinary shares at a purchase price of $2.50 per share, with a par value of $0.078 per share [2]. - The total gross proceeds from the offering amount to approximately $4.0 million [3]. - The offering was conducted under a shelf registration statement on Form F-3, which was declared effective by the SEC on December 14, 2022 [4]. Group 2: Company Information - Jiuzi Holdings, Inc. is a China-based company that focuses on sustainable energy and financial innovation, expanding into digital asset finance to provide compliant gateways for institutional investors [7]. - Univest Securities, LLC, established in 1994, offers a variety of financial services globally, including investment banking and advisory, and has raised over $1.7 billion in capital for issuers since 2019 [6].