Zhibao Technology Signs PIPE Financing Agreement Worth 3,500 BTC on July 22

BTC-0.79%
According to PANews, on July 22, Zhibao Technology (NASDAQ: ZBAO) signed a non-binding term sheet with JOYERTECH AND INFORMATION OPC for a PIPE financing valued at approximately 3,500 BTC. The transaction remains subject to legal, financial, and operational due diligence, execution of definitive agreements, and approvals from the company, regulators, and Nasdaq. Under the agreement, the buyer has the right to nominate a majority of board members upon deal completion.
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