Zhibao Technology Shareholders Approve Capital Overhaul as CFO and COO Exit

State Street (STT) shares fell 6.4% in pre-market trading after Q3 results showed adjusted earnings of $3.69 per share, beating estimates, but sales missed expectations at $4.004 billion. Other stocks moving lower include Biomea Fusion (BMEA), Fastenal (FAST), and Bank of America (BAC).

Zhibao Technology (ZBAO) shares rose 60.24% in after-hours trading after announcing a 1-for-50 reverse stock split, effective Oct. 12. The split will combine 50 shares into one, increasing the par value. The company's market cap is $26.85M, with a 52-week range of $0.06-$1.34.

Zhibao Technology (ZBAO) shares rose 60.24% in after-hours trading after announcing a 1-for-50 reverse stock split, effective October 12. The split will combine 50 shares into one, increasing par value to $0.005. The company's market cap is $26.85 million, with a 52-week range of $0.06 to $1.34.

Zhibao Technology Inc. (NASDAQ: ZBAO) announced a 1-for-50 reverse stock split, effective October 12, 2026. Shareholders approved the split on September 29, 2026. The split will adjust the par value of shares and equity awards proportionately. Continental Stock Transfer & Trust Co. is the transfer agent. The company is an InsurTech firm specializing in digital insurance brokerage services in China.

Zhibao Technology Inc. (ZBAO) expects 10-20% revenue growth for FY2026, with net loss narrowing significantly. The company reports market leadership in drone, home property, and sports insurance. Full financial results are due by October 31, 2026, according to the company.

Zhibao Technology Inc. (ZBAO) furnished an SEC Form 6-K — earnings release. Exhibit 99.2 Merger and Acquisition Agreement Seller Name: CHOI SAI WAI (the “Seller”), the sole shareholder of the Target Company Address: SSMOSENTRAL, NO. 7, JALAN STESEN SENTRAL 5, KUALA LUMPUR SENTRAL, 50623 KUALA LUMPUR. Purchaser Name: Zhibao Technology Inc. (the “Purchaser