Autozi Internet Technology (Global) Ltd. Class A Ordinary SharesPlans to acquire SpaceX exposure as treasury asset, a strategic investment.

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.
Autozi Internet Technology (Global) Ltd. Class A Ordinary SharesPlans to acquire SpaceX exposure as treasury asset, a strategic investment.