Jiuzi Holdings in Discussions with Private Investors to Expand Fundraising, Plans to Increase Scale to $100 Million at No Less Than $2 Per Share, Building on Completed $60 Million Private Placement

Core Viewpoint - Jiuzi Holdings, Inc. is actively pursuing an expansion of its private placement offering following a successful $60 million initial financing round, aiming to raise up to $100 million to enhance its Digital Asset Treasury (DAT) strategy [1][2]. Group 1: Financing and Investment Interest - The company has completed an initial $60 million private placement and is in discussions to raise an additional $100 million at a minimum price of $2 per share [1][2]. - Institutional investors from the initial round have shown interest in further subscriptions, while new investors are conducting due diligence to participate in the expanded financing [2]. Group 2: Strategic Objectives of Expanded Financing - The new funds will enhance the company's digital asset reserves, improving the treasury's capacity and flexibility under varying market conditions [3]. - The company plans to optimize its asset allocation structure by leveraging partner institutions' expertise in risk pricing and on-chain allocation [3]. - The financing will accelerate the deployment of on-chain applications, focusing on cross-chain asset management and financial applications [3]. - The company aims to improve its treasury governance framework by developing standards for digital asset admission, audit procedures, and risk management [3]. Group 3: Management's Perspective - Management emphasizes that the expansion plan reflects strong recognition from institutional investors regarding the company's strategic direction and governance capabilities [4]. - The company intends to maintain an open and collaborative approach with partners to enhance treasury structure and governance processes [4].