Blockchain Report on Nostr: US-listed Zhibao Technology (NASDAQ: ZBAO) announced a non-binding letter of intent ...
US-listed Zhibao Technology (NASDAQ: ZBAO) announced a non-binding letter of intent with JOYERTECH AND INFORMATION OPC for a PIPE financing deal. The proposed transaction involves the purchase of company securities for a consideration anticipated to be approximately 3,500 Bitcoin. The deal is contingent upon the completion of customary due diligence, the signing of a definitive agreement, and obtaining necessary corporate, regulatory, and Nasdaq approvals. Following the transaction, the buyer is expected to nominate a majority of the board of directors. Zhibao Technology's existing InsurTech business will continue to be managed by the current team pending any potential divestiture, restructuring, or separation.
#crypto #blockchain #news #BTC #Bitcoin
Published at
2026-07-22 14:58:45 UTCEvent JSON
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"content": "US-listed Zhibao Technology (NASDAQ: ZBAO) announced a non-binding letter of intent with JOYERTECH AND INFORMATION OPC for a PIPE financing deal. The proposed transaction involves the purchase of company securities for a consideration anticipated to be approximately 3,500 Bitcoin. The deal is contingent upon the completion of customary due diligence, the signing of a definitive agreement, and obtaining necessary corporate, regulatory, and Nasdaq approvals. Following the transaction, the buyer is expected to nominate a majority of the board of directors. Zhibao Technology's existing InsurTech business will continue to be managed by the current team pending any potential divestiture, restructuring, or separation.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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