HANGZHOU, China, Dec. 12, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (Nasdaq: JZXN) today announced it has signed a Memorandum of Understanding (MOU) with a group of institutional investors to raise private placement financing of up to US$1.0 billion. The revised financing commitment substantially expands the previously disclosed US$12 million private placement plan announced on October 7, 2025, reflecting strong institutional support for Jiuzi’s strategic move into the high-growth crypto asset services market.
The expanded commitment represents an approximate 80-fold increase in pledged capital. Net proceeds are intended to support the build-out of Jiuzi’s crypto asset business, including the development of secure custody infrastructure, advanced storage solutions, and related technologies to meet rising market demand for institutional-grade crypto asset services.
Tao Li, Chief Executive Officer of Jiuzi, said, “This meaningful show of confidence from our investor partners reinforces our strategic direction and our ability to execute. The additional capital will give us the financial flexibility to accelerate construction of secure crypto custody capabilities and to pursue targeted acquisitions and partnerships that strengthen our position in the crypto asset storage ecosystem.”
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about the expected use of proceeds, the completion and timing of the proposed financing, Jiuzi’s business plans and strategy, anticipated market demand for crypto asset services, and the Company’s prospects. Words such as “may,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “aim,” “continue,” “is/are likely to,” and similar expressions identify forward-looking statements. These statements are based on management’s current expectations and are subject to risks, uncertainties and other factors that could cause actual results to differ materially, many of which are beyond the Company’s control. Additional information about risks and uncertainties is contained in Jiuzi’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement, except as required by law.