Jiuzi Holdings Calls February 2026 EGM to Expand Authorized Capital and Approve 1-for-100 Share Consolidation
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Jiuzi Holdings ( (JZXN) ) just unveiled an announcement.
On January 23, 2026, Jiuzi Holdings announced it will convene a 2026 Extraordinary General Meeting of shareholders on February 6, 2026, in Shenzhen, with shareholders of record as of January 6, 2026 eligible to vote. At the meeting, investors will be asked to approve a substantial increase in the company’s authorized share capital from US$9.75 million to US$97.5 million through the creation of 1,125,000,000 additional ordinary shares, as well as a 1-for-100 share consolidation to be implemented at the board’s discretion (subject to Nasdaq approval), with fractional shares rounded up. A further resolution would allow adjournment of the meeting if there are insufficient votes. The proposed changes, if approved, would significantly expand Jiuzi’s capacity to issue equity while simultaneously consolidating its share base, actions that could affect its capital-raising flexibility, share price mechanics, and ongoing compliance with Nasdaq listing standards, and are therefore of material interest to existing shareholders.
More about Jiuzi Holdings
Jiuzi Holdings Inc. is a Cayman Islands–incorporated company headquartered in Hangzhou, China, and listed on Nasdaq. The company operates as a foreign private issuer and has a capital structure based on ordinary shares with a par value of US$0.078, with its shareholder base entitled to vote through general meetings under Cayman corporate governance rules.
Average Trading Volume: 378,484
Technical Sentiment Signal: Sell
Current Market Cap: $2.6M
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