Jiuzi Holdings shares surge 17.09% intraday after securing $40M crypto investment and $30M private investment for global expansion and EV infrastructure in Southeast Asia.

Jiuzi Holdings surged 17.09% intraday, with the company announcing a $40 million crypto asset investment from multiple strategic investors at a minimum price of $1.50 per share, and an additional $30 million private investment from Xinhui Solar to advance Southeast Asian EV charging infrastructure, vehicle services, and energy management solutions. Jiuzi Holdings focuses on global business expansion and cryptocurrency initiatives, collaborating with strategic partners to develop energy and mobility solutions in key markets.