Autozi Internet Technology (Global) Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.6M
- Price
- $1.45
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.69%
- Volume
- 336.1K
About
Autozi Internet Technology (Global) Ltd., through its various subsidiary operations, supplies an extensive array of automotive goods and associated services across the People's Republic of China. These are made available to customers via both digital online platforms and conventional physical retail outlets. The company's core business involves the sale of new vehicles, alongside a comprehensive range of auto components and accessories. Furthermore, Autozi provides services linked to automotive insurance, including enhanced maintenance programs, assistance with claims and repairs, and acting as an intermediary for insurance policies. Established in 2010, the firm's headquarters are situated in Beijing, China.
Quick stats
Shares outstanding2.5M
Computed float4.4M
Float / shares180.5%
Key info
SectorConsumer Cyclical
IndustryAuto - Dealerships
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001959726
Websitehttps://www.autozi.com
AI Summary
AI-generated1/12
minorneutraldilution
Autozi in Discussions with Multiple Investors for Approximately US$55 Million Follow-On Financing After Completing US$30 Million Investment to Accelerate Core Business Expansion
Autozi announced it has received $30 million in investment and is actively discussing an additional $55 million follow-on financing with prospective investors.
The capital is intended to support supply-chain integration, cross-border platform development, and investments in digital and intelligent technologies.
Management clarified that no definitive agreements have been reached for the additional funds, and there is no assurance the discussions will result in a transaction.
Red flags
- additional financing discussions are ongoing with no definitive agreements or material terms finalized
- use of proceeds includes 'working capital' alongside specific growth initiatives