Zhibao Technology closes USD 154.7 million PIPE private placement at USD 0.35 per unit

PUBT · 3d ago
Zhibao Technology closes USD 154.7 million PIPE private placement at USD 0.35 per unit
  • Zhibao Technology closed a USD 154.7 million PIPE, selling 442,000,000 units at USD 0.35 each.
  • Each unit includes one Class A ordinary share, one two-year warrant exercisable at USD 0.35.
  • Investors paid with 2,380 bitcoins, valued at USD 65,000 per bitcoin for the transaction.
  • 395,678,152 units were delivered at closing; 46,321,848 units await shareholder approval with no additional investor payment.
  • Company plans to file a Form F-1 within 45 days of July 31, 2026 to register resale of shares and warrant shares.


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