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Jiuzi Holdings Shareholders Approve Major Capital Increase and Conditional Reverse Split

Tipranks - Tipranks - Wed Feb 11, 3:30PM CST

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The latest announcement is out from Jiuzi Holdings ( (JZXN) ).

On February 6, 2026, Jiuzi Holdings, Inc. held its 2026 Extraordinary General Meeting of Shareholders, at which investors approved a substantial increase in the company’s authorized share capital from $9.75 million to $97.5 million through the creation of 1,125,000,000 additional ordinary shares. Shareholders also approved a conditional 1‑for‑100 share consolidation to be implemented at the board’s discretion, subject to Nasdaq approval, with fractional entitlements rounded up to the nearest whole share, a move that positions the company to manage its share price level and maintain listing compliance while preserving stakeholder ownership continuity.

More about Jiuzi Holdings

Jiuzi Holdings, Inc., based in Hangzhou, China, is a foreign private issuer listed on Nasdaq and organized with an authorized share capital denominated in U.S. dollars. The company’s capital structure is composed of ordinary shares, and its governance framework includes shareholder meetings to approve significant changes to its share capital and listing-related measures.

Average Trading Volume: 770,777

Technical Sentiment Signal: Sell

Current Market Cap: $2.33M

For an in-depth examination of JZXN stock, go to TipRanks’ Overview page.

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