Autozi announces $90M equity investment from CDIB
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Autozi (NASDAQ:AZI) today announced that strategic investor CDIB has confirmed an initial equity investment of $90 million at $3.50 per share.
This investment marks the beginning of a substantive strategic cooperation aimed at advancing the digitalization of the automotive aftermarket, enhancing intelligent risk control, improving data asset operations, and driving international expansion.
The funding will strengthen Autozi’s capital position, supporting its ongoing digital transformation and business expansion initiatives, including potential mergers and acquisitions (M&A).
The partnership with CDIB underscores Autozi’s commitment to transforming its operations and extending its market presence globally.