Financing ·
DirectBooking raises $2.35M via PIPE sale of 5M Class A ordinary shares at $0.47 per share
ZDAIDirectBooking Technology Co., Ltd.
DirectBooking Technology Co., Ltd. entered into a subscription agreement with certain investors to issue and sell 5,000,000 Class A ordinary shares at US$0.47 per share for an aggregate purchase price of US$2,350,000. The transaction is expected to close on a mutually agreed date immediately following which the company will have 12,992,639 Class A ordinary shares issued and outstanding. The shares were issued in reliance on Regulation S exemptions from registration under the Securities Act of 1933. DirectBooking Technology Co., Ltd. operates in the technology sector, providing booking solutions.