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Zhibao Technology plans to sell shares in exchange for 3,500 bitcoins, and the buyer may secure a majority of board seats.

Zhibao Technology plans to sell shares in exchange for 3,500 bitcoins, and the buyer may secure a majority of board seats.

AiCoinAiCoin2026/07/23 20:19
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Nasdaq-listed company Zhibao Technology plans to sell shares through PIPE financing in exchange for approximately 3,500 Bitcoin, valued at around $220 million. After the transaction is completed, the buyer is expected to appoint the majority of Zhibao board members. On July 15, Zhibao received a Nasdaq deficiency notice for its share price falling below $1 per share and must regain compliance within 180 calendar days.
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