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Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares

Autozi Internet Technology (Global) Ltd. provides automotive products and services through online and offline channels in the People's Republic of China. It sells new cars, auto parts, and accessories. The company also offers insurance-related services such as claims and repair, insurance intermediation, and value-added maintenance through its Autozi Car Owner platform. Its customers include MBS stores, passenger car buyers and owners, and insurance companies. Founded in 2010, it is headquartered in Beijing, China.

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Autozi Internet Technology Plans to Acquire SpaceX Economic Exposure as Treasury Asset

Autozi Internet Technology (Global) Ltd. announced that its subsidiary Autozi Internet Technology (HK) Ltd. intends to acquire a significant position providing economic exposure to SpaceX, to be held as a strategic treasury asset. The proposed position is expected to be acquired through an established fund or similar investment structure, with Autozi HK evaluating potential financing alternatives including secured financing backed by the underlying position. The transaction remains subject to due diligence, negotiation and execution of definitive agreements, financing availability, board approval and other customary conditions. CEO Houqi Zhang stated that obtaining meaningful economic exposure to SpaceX would represent a compelling strategic treasury opportunity for Autozi and its shareholders. If completed, the deal would establish a dedicated SpaceX-linked treasury position and position Autozi among a limited number of Nasdaq-listed companies with disclosed economic exposure to SpaceX.
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