Jiuzi Holdings Enters Strategic MOU with Morgan International Finance
Jiuzi Holdings Inc. has seen a significant pre-market price increase of 43.06%, crossing above its 5-day SMA.
The company has entered into a strategic Memorandum of Understanding (MOU) with Morgan International Finance, which intends to invest up to $90 million at a price of $3.00 per share. This investment aims to enhance Jiuzi's capital strength, supporting its blockchain infrastructure and Web3 ecosystem initiatives. However, the MOU is non-binding, and the final agreement details remain uncertain.
This strategic collaboration could provide Jiuzi with an internationally oriented capital partner, leveraging Morgan's expertise in cross-border capital operations. The potential investment is expected to optimize Jiuzi's capital structure and diversify funding sources, thereby accelerating technology innovation and market expansion.
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