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News  ›  GlobeNewswire Inc.

Univest Securities, LLC Announces Closing of $4.0 Million Registered Direct Offering for its Client Jiuzi Holdings, Inc. (NASDAQ: JZXN)

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Univest Securities, Llc
Univest Securities, LLC Announces Closing of $4.0 Million Registered Direct Offering for its Client Jiuzi Holdings, Inc. (NASDAQ: JZXN)

Univest Securities completed a $4.0 million registered direct offering for Jiuzi Holdings, selling 1,600,000 Class A ordinary shares at $2.50 per share to a single investor.

Insights
PFE   positive

Positioned to complete Metsera acquisition after Novo Nordisk's withdrawal


JZXN   neutral

The company is raising capital through a standard registered direct offering, indicating a routine financial transaction without strong positive or negative implications