Jiuzi Holdings Inc. Announce Reverse Split Record Date
MWN-AI** Summary
On December 8, 2025, Jiuzi Holdings Inc. (NASDAQ: JZXN), a prominent new energy vehicle dealership group in China, announced its board of directors' approval for a reverse stock split at a 1-for-40 ratio. This strategic move aims to help the company meet the Nasdaq Capital Market's minimum $1.00 per share bid requirement for continued listing of its ordinary shares. The reverse split will take effect at 4:01 PM ET on December 10, 2025, with the adjusted shares commencing trading on December 11, 2025.
Currently, there are approximately 50.23 million ordinary shares outstanding, which will be consolidated to around 1.26 million shares post-split. Notably, the par value of the shares will change from $0.00195 to $0.078 following the split. The action is designed to ensure that the company's shares remain compliant with Nasdaq’s listing requirements and is expected to be uniform across all shareholders, who will not see any changes to their ownership percentage.
Shareholders with shares in book-entry form, or through banks and brokers, will not need to take any action, as the effects of the reverse split will automatically be reflected in their accounts post-effective date.
Jiuzi Holdings emphasizes that this announcement contains forward-looking statements that involve risks and uncertainties, and readers are advised to consider these potential variations. For further information, investors and interested parties are encouraged to reach out to Jiuzi through their provided contact email. Overall, the reverse stock split is a crucial step for Jiuzi Holdings to maintain its market standing amidst ongoing operational developments in the NEV sector.
MWN-AI** Analysis
Jiuzi Holdings Inc. (NASDAQ: JZXN) has announced a significant corporate action: a reverse stock split at a 1-for-40 ratio, effective December 10, 2025. This move aims to lift the stock price above the $1.00 threshold needed to maintain its Nasdaq Capital Market listing. The reduction of approximately 50 million shares to about 1.26 million will reflect in shareholders’ accounts starting December 11, 2025.
Reverse splits are typically viewed with caution, as companies often resort to them when their stock performance has waned, signaling potential underlying issues. However, in Jiuzi's case, it can also be interpreted as a strategy to regain investor confidence and improve market perceptions, especially in the rapidly evolving new energy vehicle (NEV) sector in China.
Investors should approach this development with a keen eye. A higher stock price might attract institutional investors who generally avoid stocks below the $1.00 threshold. This move could enhance liquidity and foster a more favorable trading environment. Nonetheless, the economic fundamentals driving Jiuzi’s business operations must remain the primary focus. As the NEV industry is influenced by government policy, technological advancements, and market demand, any fluctuations in these areas could substantially impact Jiuzi's performance.
Furthermore, prospective investors should scrutinize Jiuzi’s recent financial disclosures and forecasts, as the company provided forward-looking statements that carry inherent risks and uncertainties. The consolidation of shares will not change existing ownership percentages but could lead to increased volatility.
In summary, while the reverse stock split aims to stabilize Jiuzi Holdings’ market position, it is crucial for investors to conduct comprehensive due diligence. Monitoring the broader NEV market trends and Jiuzi’s fundamental business developments will be essential for making informed investment decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
HANGZHOU, China, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN; the “Company” or “JZXN”), a leading new energy vehicle (NEV) dealership group operating under the brand name “Jiuzi” in China is reporting that its board of directors has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s ordinary shares, a par value of US$0.00195 each (the “Ordinary Shares”), at a ratio of 1-for-40, with a post-Reverse Stock Split par value of US$0.078.
The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market.
The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Wednesday, December 10, 2025 (the “Record Date”) and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Thursday, December 11, 2025. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol “JZXN” but will trade under the following new CUSIP number: G51400 151.
The number of the Company’s pre-Reverse Stock Split outstanding shares is 50,231,389 Ordinary Shares. As a result of the Reverse Stock Split, every 40 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from approximately 50,231,389 Ordinary Shares to approximately 1,255,785 Ordinary Shares. No fractional shares will be created or issued in connection with the reverse stock split.
The Reverse Stock Split will affect all holders of Ordinary Shares uniformly and will not affect any shareholder’s percentage ownership interest in the Company.
Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after December 11, 2025. Such beneficial holders may contact their bank, broker, or nominee for more information.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.
These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.
For investor and media inquiries, please contact:
Jiuzi Holdings Inc.
Email: iris@jzxn.com
FAQ**
How does Jiuzi Holdings Inc. JZXN plan to leverage the reverse stock split to enhance investor confidence and attract potential investors post-split?
What specific strategies does Jiuzi Holdings Inc. JZXN have in place to ensure continued compliance with Nasdaq listing requirements following the reverse stock split?
How will Jiuzi Holdings Inc. JZXN address potential market volatility that may arise from the reverse stock split as it transitions to a reduced number of outstanding shares?
What measures is Jiuzi Holdings Inc. JZXN implementing to communicate effectively with shareholders regarding the impact of the reverse stock split on their investments?
**MWN-AI FAQ is based on asking OpenAI questions about Jiuzi Holdings Inc. (NASDAQ: JZXN).
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