Zhibao Technology prices $154.7 million private placement at $0.35 per unit, payable in bitcoin

Zhibao Technology signed a securities purchase agreement dated July 31, 2026 for a Regulation S private placement of 442,000,000 units.

• Deal size: $154.7 million, payable in 2,380 bitcoin valued at $65,000 each.
• Each unit includes one Class A ordinary share and one warrant for one Class A ordinary share.
• Unit price: $0.35.
• Warrants carry a $0.35 exercise price and a two-year term from closing, subject to adjustment and Nasdaq-related limits.
• Closing is targeted within 12 business days, subject to authorized share availability and any required shareholder approval.