Core Viewpoint - Jiuzi Holdings, Inc. has entered into a strategic Memorandum of Understanding with Morgan International Finance Ltd, which involves a potential investment of up to US$90 million at a price of US$3.00 per share, aimed at enhancing the company's capital strength and supporting its initiatives in blockchain infrastructure and digital assets [1][2][3]. Group 1: Investment Details - Morgan intends to invest in the company's shares through a structured arrangement at a price of US$3.00 per share, with specifics regarding the investment structure, source of shares, and timelines to be finalized upon further negotiations [2]. - The proposed investment is expected to optimize the company's capital structure and diversify funding sources, providing financial backing for digital asset strategies and Web3 infrastructure development [3]. Group 2: Strategic Collaboration - The collaboration with Morgan is anticipated to introduce an internationally oriented capital partner, leveraging Morgan's experience in cross-border capital operations to accelerate the implementation of strategies in blockchain and digital assets [4]. - Both parties plan to explore opportunities for technology synergy, resource sharing, and international market development within the framework of definitive transaction documents [4]. Group 3: Company Overview - Jiuzi Holdings, Inc. focuses on new energy vehicle sales, financial services, and technology enablement, committed to providing intelligent and eco-friendly mobility solutions [7]. - The company continues to explore strategic opportunities in emerging technology fields such as blockchain and digital assets, aiming to create sustainable long-term value for shareholders and partners [7].
Jiuzi Holdings to Receive $90 Million Investment from Morgan International Finance at $3 Per Share to Boost Blockchain and Web3 Initiatives