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DirectBooking Technology Secures $15 Million in PIPE Transaction

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DirectBooking Technology Secures $15 Million in PIPE Transaction

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Primega Group Holdings ( (ZDAI) ) has issued an update.

On November 3, 2025, DirectBooking Technology Co., Ltd. entered into a securities purchase agreement with 16 non-U.S. investors to issue and sell 100,000,000 ordinary shares at $0.15 per share, raising a total of $15 million. This private investment in public equity (PIPE) transaction is expected to close within three business days, increasing the company’s total outstanding shares to 128,700,000. The announcement follows the termination of a previous securities purchase agreement and supplemental agreements dated May 2025, which were officially terminated on October 31, 2025. This strategic move is likely aimed at strengthening the company’s financial position and expanding its market presence.

More about Primega Group Holdings

DirectBooking Technology Co., Ltd., formerly known as Primega Group Holdings Limited, is a company incorporated in the Cayman Islands with limited liability. It operates in the technology sector, focusing on providing innovative solutions for booking and reservation systems.

Average Trading Volume: 2,014,405

Technical Sentiment Signal: Sell

Current Market Cap: $12.41M

See more insights into ZDAI stock on TipRanks’ Stock Analysis page.

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