SCHEDULE 13G/A 0000902664-25-004476 0001469336 XXXXXXXX LIVE 1 Ordinary Shares, $0.00039 par value per share 12/31/2025 0001816172 Jiuzi Holdings, Inc. G51400151 NO. 168 QIANJIANG NONGCHANG GENGWEN ROAD 15TH FL, XIAOSHAN DIST., HANGZHOU CITY ZHEJIANG PROVINCE F4 310000 Rule 13d-1(b) Empery Asset Management, LP DE 0.00 73152.00 0.00 73152.00 73152.00 N 4.99 IA PN Includes 73,152 Ordinary Shares issuable upon exercise of the Warrants (as defined in Item 2(a)). Ryan M. Lane X1 0.00 73152.00 0.00 73152.00 73152.00 N 4.99 HC IN Includes 73,152 Ordinary Shares issuable upon exercise of the Warrants (as defined in Item 2(a)). Jiuzi Holdings, Inc. No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Xiaoshan Dist., Hangzhou City, China 310000 This statement is filed by the entities and persons listed below, who are collectively referred to herein as "Reporting Persons," with respect to Ordinary Shares, $0.00039 par value per share (the "Ordinary Shares") and the Ordinary Shares issuable upon exercise of warrants (the "Warrants") of Jiuzi Holdings, Inc., a Cayman corporation (the "Company"): (i) Empery Asset Management, LP (the "Investment Manager"), with respect to the Ordinary Shares held by, and the Ordinary Shares issuable upon exercise of the Warrants held by, funds to which the Investment Manager serves as investment manager (the "Empery Funds"); and (ii) Mr. Ryan M. Lane ("Mr. Lane"), with respect to the Ordinary Shares held by, and the Ordinary Shares issuable upon exercise of the Warrants held by, the Empery Funds. The Investment Manager serves as the investment manager to each of the Empery Funds. Mr. Lane (the "Reporting Individual") is the managing member of a limited liability company that is the managing member of Empery AM GP, LLC (the "General Partner"), the general partner of the Investment Manager. The address of the business office of each of the Reporting Persons is: 1 Rockefeller Plaza, Suite 1205 New York, New York 10020 Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. N IA HC The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 1,392,834 Ordinary Shares outstanding as of December 15, 2025, as reported in the Company's Prospectus Supplement on Form 424(b)(5), filed with the Securities and Exchange Commission on December 15, 2025, and assumes exercise of the Warrants (subject to the Blocker (as defined below)). Pursuant to the terms of the Warrants, the Reporting Persons cannot exercise the Warrants to the extent the Reporting Persons would beneficially own, after any such exercise, more than 4.99% of the outstanding Ordinary Shares (the "Blocker"), and the Ordinary Shares listed as beneficially owned in Rows 6, 8 and 9 of the cover page for each Reporting Person and the percentage set forth in Row 11 of the cover page for each Reporting Person give effect to the Blockers. Consequently, as of the date of the event which requires the filing of this statement, the Reporting Persons were not able to exercise all of the Warrants due to the Blocker. The Investment Manager, which serves as the investment manager to the Empery Funds, may be deemed to be the beneficial owner of all of the Ordinary Shares held by, and the Ordinary Shares issuable upon exercise of the Warrants (subject to the Blocker) held by, the Empery Funds. The Reporting Individual, as the managing member of a limited liability company that is the managing member of the General Partner of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the Ordinary Shares held by, and the Ordinary Shares issuable upon exercise of the Warrants (subject to the Blocker) held by, the Empery Funds. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the Ordinary Shares owned by another Reporting Person. Each of the Empery Funds and the Reporting Individual hereby disclaims any beneficial ownership of any such Ordinary Shares. 4.99% The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Empery Asset Management, LP /s/ Ryan M. Lane 01/15/2026 Ryan M. Lane /s/ Ryan M. Lane 01/15/2026