Zhibao Technology Unveils New Purchase Warrant

Zhibao Technology Inc. Class A (ZBAO) has released an update.

Zhibao Technology Inc. has issued a Purchase Warrant for 1,188 Class A Ordinary Shares, exercisable at $4.40 per share from September 25, 2024, until March 29, 2029. The Purchase Warrant cannot be sold or transferred for 180 days post-effective date, except under specific conditions. The Warrant also includes a cashless exercise option based on the market value of the shares if no effective registration statement is available for the shares’ issuance or resale.

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