Schedule 13G Filing by Empery Asset Management for Jiuzi Holdings, Inc.

Empery Asset Management, LP, along with Ryan M. Lane and Martin D. Hoe, filed a Schedule 13G with the SEC, disclosing their beneficial ownership of 7.45% of the Ordinary Shares of Jiuzi Holdings, Inc. The filing indicates that Empery Asset Management, LP, serves as the investment manager for the Empery Funds, which hold the shares. Ryan M. Lane and Martin D. Hoe, as Managing Members of Empery AM GP, LLC, the general partner of Empery Asset Management, LP, may also be deemed beneficial owners of these shares. The filing was made pursuant to Rule 13d-1(b) and includes a Joint Filing Agreement, confirming that the statement is filed on behalf of all Reporting Persons. The address of the business office for each Reporting Person is 1 Rockefeller Plaza, Suite 1205, New York, New York 10020.