Zhibao Technology Inc. Class A (ZBAO) has released an update.
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Zhibao Technology Inc. has issued a Class A Ordinary Shares Purchase Warrant enabling holders to buy up to 79,599 shares at $4.47 each, starting from October 1, 2024, until October 1, 2029. The warrants can be exercised in full or part, with a cashless option available if no effective registration statement exists 90 days post the Initial Exercise Date. This financial instrument offers an investment opportunity in Zhibao’s stock without immediate cash outlay.
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