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AZI News2 articles
Autozi Shares Surge Premarket Despite Dilutive $35M Financing Plan
Autozi (AZI) jumped 75.4% premarket after unveiling a $35.25 million capital raise, including a $30 million share sale at a 47% discount, despite significant dilution and financial challenges.
Autozi Stock Surges 400% After Reverse Split, But Going Concern Warning Looms
Autozi shares jumped over 400% to $5.69 after a reverse split, but the company reported a 63% revenue decline and warned of substantial doubt about its ability to continue.