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Recent Updates — AZI

June 26, 2026View Source ↗

On June 22, 2026, Autozi Internet Technology (Global) Ltd. entered into a Debt Conversion Agreement with its CEO and Chairman, Houqi Zhang. The company will issue 10,000,000 Class B ordinary shares to Zhang to fully settle an interest-free loan of $7,000,000. These shares are subject to a three-year lock-up period starting from the issuance date, prohibiting Zhang from selling or transferring the shares without prior company consent. Autozi Internet Technology (Global) Ltd. is an internet technology company.

June 24, 2026View Source ↗

Autozi Internet Technology (Global) Ltd. entered into a securities purchase agreement on June 22, 2026, to sell Advance Promissory Notes with an aggregate principal amount of up to $5,250,000. The company closed the initial transaction on June 23, 2026, issuing an initial note of $2,750,000 at a 4.0% original issue discount. The notes are convertible into Class A ordinary shares at a conversion rate of 110% of the principal, interest, and late charges divided by a conversion price that resets every three months to the lower of the current price or 93% of the 10-day VWAP. Autozi Internet Technology (Global) Ltd. operates in the internet technology sector, providing online services and platforms.

June 23, 2026View Source ↗

On June 22, 2026, Autozi Internet Technology (Global) Ltd. entered into a securities purchase agreement to sell up to 50,000,000 Class A ordinary shares to non-U.S. investors at $0.60 per share. The transaction aims to raise approximately $30,000,000, with payments acceptable in fiat money or cryptocurrencies at the company's discretion. The deal is expected to close in the third quarter of 2026. The company operates in the internet technology industry, providing digital services and platforms.

June 10, 2026View Source ↗

Autozi Internet Technology (Global) Ltd. dismissed its independent auditors, Marcum Asia CPAs LLP, effective June 4, 2026, following a period where audit reports included explanatory paragraphs regarding going concern doubts. While no disagreements on accounting principles or auditing scope occurred, the company identified material weaknesses in internal controls related to U.S. GAAP knowledge and file management. Assentsure PAC has been engaged as the new independent auditors for the fiscal year ending September 30, 2026. Autozi Internet Technology (Global) Ltd. operates in the internet technology industry and provides digital services.