AZI News & Events

Autozi Internet Technology announced that it has received a written notification from The Nasdaq Stock Market dated March 25, 2026 indicating that the Company is not in compliance with the minimum Market Value of Listed Securities ("MVLS") of US$50,000,000 set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq Global Market, as its MVLS for the 30 consecutive business days from February 10, 2026 to March 24, 2026 has failed to meet the minimum requirement. Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company has a compliance period of 180 calendar days, or until September 21, 2026, to regain compliance. If at any time during this compliance period the Company's MVLS closes at US$50,000,000 or more for a minimum of ten consecutive business days, Nasdaq will notify the Company that it has achieved compliance with the MVLS requirement, and the MVLS matter will be closed. In the event the Company does not regain compliance with Rule 5450(b)(2)(A) prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting. This notification does not impact the listing and trading of the Company's securities at this time.

Autozi Internet announced that the company's board of directors approved on February 27 that the authorized, issued and outstanding shares of the company be consolidated on a 10-for-1 ratio with the marketplace effective date of March 23. The objective of the share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550 and maintain its listing on Nasdaq.

Autozi announced that, following communication and confirmation with its co-investors, the delivery of the first tranche of the recently committed additional investment, consisting of assets valued at approximately $30M, is expected to commence within this week. This marks the fulfillment of the co-investors' recent investment commitment to the company. The controlling shareholder and co-investors committed to an additional investment of approximately $110M at a price of $1.30 per share, specifically dedicated to supplementing the company's liquidity, accelerating strategic expansion, and optimizing its capital structure. The upcoming delivery of $30M in assets represents the first tranche of this committed investment, following the receipt of the controlling shareholder's previous $7M investment. The newly injected assets will directly supplement the company's liquidity reserves. A portion of the assets will be used to increase investment in regional operation centers, offline service outlets, and logistics distribution systems.