Ortoli Rosenstadt LLP Represents Jiuzi Holdings Inc. In $26 Million Initial Public Offering

New York, NY – May 27, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented Jiuzi Holdings, Inc., a new energy vehicles franchisor and retailer under the brand name “Jiuzi” in China, in the closing of its initial public offering of 5,200,000 ordinary shares at a public offering price of US$5.00 per share. Jiuzi received aggregate gross proceeds of US$26 million from this offering, before deducting underwriting discounts and other related expenses. The ordinary shares commenced trading on the Nasdaq Capital Market on May 18, 2021 under the ticker symbol “JZXN.”

The Ortoli Rosenstadt LLP team included Partners William Rosenstadt and Jason Ye, Counsel Yarona Yieh, Associates Sophie Sang and Zhenling Zhang.

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.

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About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.