Jiuzi Holdings In Talks With Private Investors To Expand Fundraising, Plans To Increase Scale To $100M At No Less Than $2/Shr

Jiuzi Holdings, Inc. (NASDAQ:JZXN) (the "Company") today announced that, following the completion of the $60 million initial strategic financing round on February 13, 2026, it is actively engaged in discussions with multiple existing and potential private investment institutions to further expand the private placement offering. Based on preliminary discussion plans, the proposed expansion aims to raise up to $100 million at a price of no less than $2 per share, to accelerate the deepening implementation and ecosystem expansion of its Digital Asset Treasury (DAT) strategy.

According to the Company, since the completion of the initial $60 million private placement, the institutional building capabilities and capital deployment efficiency demonstrated by the DAT strategy have continued to attract significant market attention. Multiple investment institutions that participated in the initial round have expressed clear interest in additional subscriptions, while several new investors have initiated internal due diligence processes with the intention of joining this expanded round. The parties are currently engaged in in-depth discussions regarding specific terms, including the expanded scale, lock-up periods, and asset delivery methods.

The Company indicated that the successful closing of this expanded financing would enable Jiuzi to achieve critical breakthroughs in the following dimensions:

• Expansion of treasury asset scale: The new funds, to be injected in the form of equivalent crypto assets, will significantly strengthen the Company's digital asset reserves, enhancing the treasury's carrying capacity and rebalancing flexibility under varying market conditions;

• Optimization of asset allocation structure: Leveraging the partner institutions' expertise in risk pricing, on-chain allocation, and duration management, the Company will further enhance the structural depth and counter-cyclical resilience of its treasury;

• Acceleration of on-chain application deployment: Building on the partners' technical expertise in multi-chain ecosystem deployment, cross-chain protocol integration, and liquidity routing, Jiuzi will expedite the test deployment of cross-chain asset management interfaces and the substantive implementation of on-chain financial applications;

• Improvement of treasury governance framework: The Company will continue to develop institutional prototypes across dimensions such as digital asset admission standards, on-chain audit procedures, risk exposure limit management, and compliant custody pathways, establishing a replicable governance architecture for larger-scale, higher-frequency asset allocation.

Jiuzi's management emphasized that this expansion plan reflects the strong recognition by professional institutional investors of the Company's strategic direction, execution cadence, and governance capabilities. As the digital asset market infrastructure continues to accelerate its evolution, the Company will maintain its philosophy of openness and collaboration, working jointly with partners to advance treasury structure optimization, on-chain application implementation, and governance process automation.