Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
07 Avril 2023 - 8:42PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13a-16
OR 15d-16 OF THE
SECURITIES EXCHANGE ACT
OF 1934
For the month of April 2023
Commission File Number 001-40405
JIUZI HOLDINGS INC.
(Registrant’s name)
No.168 Qianjiang Nongchang
Gengwen Road, 15th Floor
Economic and Technological
Development Zone
Xiaoshan District, Hangzhou
City
Zhejiang Province 310000
People’s Republic
of China
(Address of principal executive
offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Resignation of Directors and Officers
On April 6, 2023, Mr. Shuibo Zhang notified Jiuzi
Holdings Inc. (the “Company”) of his intent to resign as Chief Executive Officer, effective April 6, 2023. Mr. Zhang confirmed
that his resignation is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.
Mr. Zhang will continue to serve as Chairman of the Board.
On April 6, 2023, Mr. Francis Zhang notified the Company
of his intent to resign as a board member of the Company, effective April 6, 2023. Mr. Zhang confirmed that his resignation is not due
to any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Zhang will continue to serve
as Chief Financial Officer of the Company.
Appointment of Directors
and Officers
On April 6, 2023, the Board
of Directors approved resolutions approving Mr. Tao Li as Chief Executive Officer and a director of the Board, effective as of
April 6, 2023, immediately following the resignation of the individuals identified in the paragraphs above.
Mr. Tao Li, 40 years old,
has served as General Manager of China Gas’s North China Regional Management Center’s Project Company (“China Gas”)
from June 2016 to April 2023. At China Gas, he led the management of the company, setting and achieving the company’s business
goals, ensuring the stability of the gas supply and the safety of production operations. Prior to joining China Gas in 2016, Mr. Li was
Chief Executive Officer of Hangzhou Zhong’an Electronics Co.’s Business Unit from June 2010 to September 2015. He was fully
responsible for the operation and management of the business unit. His work included budget management, team management, business development
and sales, R&D, and products’ quality and delivery. Mr. Li earned a bachelor’s degree in Journalism from Hebei University.
Pursuant to an employment
agreement, dated as of April 1, 2023, by and between the Company and Mr. Tao Li (the “Agreement”), Mr. Li will serve as the
Company’s Chief Executive Officer for a term of three years until March 31, 2025. He will receive a base salary of $120,000 annually
and be eligible for bonuses and equity incentives as determined by the Board. Mr. Li is also eligible for participating in any standard
employee benefit plan of the Company. The foregoing description of the Agreement is qualified in its entirety by reference to the full
text of such Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
There is no arrangement
or understanding with any person pursuant to which Mr. Li was appointed as Chief Executive Officer. There are no family relationships
between Mr. Li and any director or executive officer of the Company.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
(Registrant)
JIUZI HOLDINGS INC. |
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Date: |
April 7, 2023 |
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By: |
/s/ Tao Li |
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Name: |
Tao Li |
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Title: |
Chief Executive Officer |
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