SCHEDULE: L1 Capital Fund Discloses 9.99% Stake in Jiuzi Holdings

L1 Capital Global Opportunities Master Fund, Ltd. reported a 9.99% passive beneficial ownership stake in Jiuzi Holdings, Inc. as of September 30, 2025.

Summary

• L1 Capital Global Opportunities Master Fund, Ltd. (the "Fund") has filed a Schedule 13G, indicating beneficial ownership of Jiuzi Holdings, Inc.
• The Fund beneficially owns 2,023,000 Ordinary Shares of Jiuzi Holdings, Inc.
• This ownership represents 9.99% of the total outstanding Ordinary Shares of Jiuzi Holdings, Inc.
• The calculation is based on 20,231,389 Ordinary Shares outstanding after an offering, as per the Issuer's Prospectus Supplement filed on September 30, 2025.
• The beneficially owned amount includes 2,000,000 Ordinary Shares and 23,000 Warrants to purchase Ordinary Shares.
• The Fund also holds 3,977,000 Warrants which are not included in the beneficial ownership calculation due to a 9.99% beneficial ownership limitation.
• The Fund has sole voting and dispositive power over the 2,023,000 shares.
• The filing states the securities were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: A significant passive stake by an institutional investor is generally a positive signal for the company, indicating external confidence. The 9.99% ownership is substantial, just below the 10% threshold for active reporting, suggesting a strategic, long-term passive investment.

Positives

• A significant institutional investor, L1 Capital Global Opportunities Master Fund, Ltd., has taken a substantial 9.99% passive stake in Jiuzi Holdings, Inc., potentially signaling confidence in the company.

Future Outlook

NA

Management Comments

• The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

The filing indicates a significant passive investment by a global opportunities fund in Jiuzi Holdings, Inc., a company whose business activity is not detailed in this specific filing but is implied to be publicly traded. Such investments are common for funds seeking exposure to specific market segments or companies they believe are undervalued or have growth potential. The 9.99% stake is just below the 10% threshold that would typically require a more detailed Schedule 13D filing, indicating a passive investment strategy.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor taking a passive stake could be viewed positively, potentially increasing investor confidence and liquidity.

Key Dates

Recommendation

The filing indicates a significant passive investment by L1 Capital Global Opportunities Master Fund, Ltd. in Jiuzi Holdings, Inc., representing 9.99% of the outstanding shares. This institutional backing can be a positive signal for market confidence. However, a Schedule 13G primarily reports ownership and does not provide detailed financial performance, strategic updates, or forward-looking guidance from the company itself. Therefore, while the institutional interest is noteworthy, a comprehensive investment decision would require further analysis of Jiuzi Holdings' fundamentals, industry position, and future prospects beyond what is presented in this ownership disclosure. A 'hold' recommendation acknowledges the positive signal while awaiting more comprehensive company-specific information.

Keywords

Jiuzi Holdings, L1 Capital, Schedule 13G, Beneficial Ownership, Ordinary Shares, Investment Fund, Passive Investment, Equity Stake, SEC Filing