🔴 Autozi Internet Technology is trading 6.25% down today after traders take profits following 58.42% gain

Autozi Internet Technology is trading at $1.50 (-6.25%) as momentum trading and fast profit-taking drive the pullback.

• Shares gained 58.42% to $1.60 on August 6 after a highly volatile rally.
• The company announced a proposed reverse takeover on August 7, with the counterparty valued at approximately $300 million and the combined entity at approximately $320 million.
• Completion remains subject to approvals.