SCHEDULE 13G/A: L1 Capital Boosts Jiuzi Holdings Stake to 8%

L1 Capital Global Opportunities Master Fund, Ltd. has increased its beneficial ownership in Jiuzi Holdings, Inc. to 8.0% of ordinary shares.

Summary

• L1 Capital Global Opportunities Master Fund, Ltd. beneficially owns 4,000,000 Ordinary Shares of Jiuzi Holdings, Inc.
• This ownership represents 8.0% of the total Ordinary Shares outstanding.
• The beneficial ownership includes 4,000,000 Warrants to purchase Ordinary Shares, which are subject to a 9.99% beneficial ownership limitation.
• The percentage is calculated based on 50,231,389 Ordinary Shares outstanding as of October 27, 2025.
• This filing is an amendment to a previous Schedule 13G filed on October 7, 2025, which reported 2,023,000 Ordinary Shares purchased on September 30, 2025.

Sentiment

Score: 7

Explanation: The increase in beneficial ownership by an institutional fund is generally a positive signal, indicating investor confidence. However, the filing itself is purely factual and does not contain operational or financial performance data from the issuer.

Positives

• Increased institutional ownership by L1 Capital Global Opportunities Master Fund, Ltd. to 8.0% could signal enhanced investor confidence in Jiuzi Holdings, Inc.
• The inclusion of 4,000,000 warrants suggests a potentially bullish long-term outlook, as warrants provide the right to purchase additional shares.

Risks

• The 9.99% beneficial ownership limitation on the warrants could restrict L1 Capital's ability to fully convert and exercise control if the company's share count changes significantly.
• David Feldman and Joel Arber, directors of L1 Capital, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest, which may indicate a nuanced view on direct control or liability.

Future Outlook

The filing does not provide explicit forward-looking statements or guidance from Jiuzi Holdings, Inc. It primarily reports a change in beneficial ownership by an institutional investor.

Management Comments

• David Feldman and Joel Arber disclaim beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 13 and the rules thereunder.

Industry Context

This filing is a standard disclosure of an institutional investor's stake, and while it indicates increased confidence from L1 Capital, it does not provide specific insights into broader industry trends or the competitive landscape for Jiuzi Holdings, Inc.

Comparison to Industry Standards

• Not applicable, as this filing is a beneficial ownership report and does not contain performance metrics for comparison against industry standards or comparable companies.

Stakeholder Impact

• Shareholders: Increased institutional ownership could be viewed positively, potentially enhancing market confidence and liquidity.
• Management: Increased scrutiny or engagement from a significant institutional investor is possible.

Next Steps

• The filing does not specify any future actions or milestones for Jiuzi Holdings, Inc. or L1 Capital Global Opportunities Master Fund, Ltd. beyond the reporting of beneficial ownership.

Key Dates

Keywords

Jiuzi Holdings, L1 Capital, Beneficial Ownership, Schedule 13G, Ordinary Shares, Warrants, Institutional Investment, Equity Stake