Jiuzi Holdings (NASDAQ:JZXN) announced a $30M private placement with non-U.S. institutional investors.
Funds will primarily be used to purchase cryptocurrencies.
Each unit includes one share of common stock at $0.42 and three warrants.
Warrants are exercisable at $0.50 per share within three years and may be cashless under certain conditions.
JZXN shares up 12.5% premarket on Thursday.
Source: Press release
Funds will primarily be used to purchase cryptocurrencies.
Each unit includes one share of common stock at $0.42 and three warrants.
Warrants are exercisable at $0.50 per share within three years and may be cashless under certain conditions.
JZXN shares up 12.5% premarket on Thursday.
Source: Press release
