Financing ·
Zhibao Technology Inc. closed a $154.7 million private investment in public equity financing on August 17, 2026
ZBAOZhibao Technology Inc.
Zhibao Technology Inc. closed a $154.7 million private investment in public equity financing on August 17, 2026. Investors paid the aggregate purchase price by delivering 2,380 Bitcoins to the Company's designated wallet account, valued at $65,000 per Bitcoin based on July 30, 2026 market prices. The transaction involves the issuance of 442 million PIPE Units, each consisting of one Class A ordinary share and a two-year warrant exercisable at $0.35 per share. At closing, the Company delivered 395,678,152 units to investors. The remaining 46,321,848 units will be issued within 30 days following shareholder approval for an increase in authorized share capital, with no additional consideration required from investors. Zhibao Technology Inc. operates in the InsurTech industry, providing digital insurance brokerage services through a 2B2C embedded model.