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

ZBAO Zhibao Technology Inc

$0.09 -2.48%

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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.

Source Newsfile Corp. +1 · View original ↗

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