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Zibao Enters Definitive Securities Purchase Agreement with Non-U.S. Investors

Newsfile Corp. +1 ·

ZBAO
ZBAO Zhibao Technology Inc
$0.17 +9.94%
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  1. 1Zibao Technology (ZBAO) announced that it has entered into a definitive securities purchase agreement, dated July 31, 2026, with a group of non-U.S. investors.
  2. 2The private placement will involve participation from institutional and individual investors, and the company plans to use the proceeds for general expenses, business development, and AI R&D to complement its insurtech operations.
  3. 3The use of proceeds also includes advancing a digital asset reserve strategy that treats Bitcoin as a treasury asset.

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