IPO - Autozi Internet Technology (Global) Ltd.

Form Type: F-1

Filing Date: 2025-04-30

Corporate Action: Ipo

Type: New

Accession Number: 000164117225007872

Filing Summary: Autozi Internet Technology (Global) Ltd. has filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission on April 30, 2025, to register up to 33,208,797 Class A Ordinary Shares for resale by the Selling Shareholder. The filing includes 29,307,986 Class A shares that are issuable upon conversion of a note (the Initial Note) and up to 3,900,811 shares issuable for interest payment associated with the Initial Note, offered under a Securities Purchase Agreement with the Selling Shareholder. The prospectus emphasizes that Autozi will not receive proceeds from the sale of these shares, as they are intended for the Selling Shareholder. The shares are listed on the Nasdaq Global Market under the symbol 'AZI'. As of April 22, 2025, the closing price per share was $1.0200. The company describes its dual-class share structure, led by Dr. Houqi Zhang, who holds approximately 89.63% of the voting power. Autozi emphasizes its status as a controlled company and an emerging growth company, indicating unique governance and operational implications.