May 10 (Reuters) - Jiuzi Holdings Inc JZXN.O :
* JIUZI HOLDINGS INC - ON APRIL 28, ENTERED INTO A SUBSCRIPTION AGREEMENT ( SUBSCRIPTION
AGREEMENT
) WITH SELECTED ACCREDITED INVESTORS
* JIUZI HOLDINGS INC - PURSUANT TO SUBSCRIPTION AGREEMENT, CO HAS AGREED TO ISSUE, SELL TO
INVESTORS AGGREGATE OF 8 MILLION UNITS AT $0.15 PER UNIT
* JIUZI HOLDINGS INC - CLOSING OCCURRED ON MAY 5, 2023, AND CO RECEIVED PROCEEDS OF $1.2
MILLION
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