Zhibao Technology Inc. Announces Closing of $154.7 Million PIPE Financing
Zhibao Technology Inc. (NASDAQ: ZBAO) closed a $154.7 million PIPE financing, selling 442 million PIPE units at $0.35 each. Each unit includes one Class A share and a two-year warrant exercisable at $0.35. 395.7 million units were delivered at closing, with 46.3 million pending shareholder approval. ZBAO received payment via 2,380 Bitcoins.
