Company: JZ
Filing Date: 2025-06-26
Form Type: DRS/A
Source: 0001213900-25-058146
Chunk: 25

Company: Jianzhi Education Technology Group Co Ltd
Filing Date: 2025-06-26
Form: DRS/A
Chunk 25
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 decline and you could lose all or part of your investment. This prospectus also contains forward -looking statements that involve risks and uncertainties. See “Cautionary Note Regarding Forward -Looking Statements.” Our actual results could differ materially and adversely from those anticipated in these forward -looking statements as a result of certain factors. Risks Related to this Offering, Our Ordinary Shares, and the ADSs We have broad discretion in the use of the net proceeds of this offering and may not use them effectively. We currently intend to use the net proceeds from this offering, together with our existing cash and cash equivalents, for the development and promotion of AI Agent and further out cooperation with China Mobile. However, our management will have broad discretion as to the application of the net proceeds. Our shareholders may not agree with the manner in which our management chooses to allocate and spend the net proceeds. Moreover, our management may use the net proceeds for corporate purposes that may not increase our profitability or our market value. See “Use of Proceeds” for a description of our management’s intended use of the proceeds from this offering. If we cannot meet Nasdaq’s continued listing requirements, Nasdaq may delist the ADSs, which could have an adverse impact on the liquidity and market price of the ADSs. The ADSs were listed on The Nasdaq Global Select Market since August 26, 2022 and were transferred to The Nasdaq Capital Market at the opening of business on October 8, 2024. On September 12, 2023, we received a letter from the Listing Qualifications Staff of Nasdaq notifying us that, for the previous 30 consecutive business days, the closing bid price for the Company’s ADSs was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until March 11, 2024, to regain compliance under the Listing Rules. On February 15, 2024, we announced a change in ADS to ordinary share ratio from each ADS representing two ordinary shares to each ADS representing six ordinary shares. Such ADS ratio change became effective on February 20, 2024. On March 5, 2024, we received a notification letter from the Nasdaq Listing Qualifications Department, informing the Company that it has regained compliance with Nasdaq Listing Rule 5450(a