Core Viewpoint - Autozi Internet Technology (Global) Ltd. has received a non-binding investment proposal from CDIB Capital International Holdings Limited for approximately US$300 million at a price of US$5.00 per share, aimed at strengthening the company's capital position and supporting its international expansion strategy [1][5]. Investment Details - CDIB intends to invest through a structured arrangement, with specifics regarding share sources, lock-up arrangements, and timelines to be finalized upon further negotiations [2]. - The investment is subject to applicable laws, Nasdaq rules, regulatory approvals, and internal corporate approvals [2]. Strategic Implications - The proposed investment is expected to optimize Autozi's capital structure, diversify funding sources, and provide financial backing for channel expansion, brand building, product upgrades, and localization in key overseas markets [3]. - The collaboration with CDIB is anticipated to introduce a strong long-term capital partner, leveraging CDIB's experience in overseas capital markets to support international operations and market development [4]. Company Overview - Autozi is a technology-driven operator of automotive e-commerce platforms, providing services such as new car sales, parts procurement, and logistics coordination, aimed at improving industry efficiency and reducing operational costs [6].
AZI Receives Investment Letter: CDIB Capital Intends to Invest $300 Million at a Comprehensive Price of $5 Per Share, Company's Financial Strength to Be Significantly Enhanced Upon Transaction Completion