Which entities are participating as investors in the PIPE deal?

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Investors in the PIPE Deal

Zhibao Technology Inc. has entered into a definitive Securities Purchase Agreement for a private placement, with a group of non-U.S. investors participating in the transaction. The investors contributing to this PIPE financing include METAVERSE INTELLIGENCE TECH LTD, DYT INFO PTE. LTD., YY TECH INC, Kellyview Investment Limited, JOYER INVESTMENT LIMITED, Dundas Technology Limited, DADA Business Trading Co., Limited, VMADE CO., LIMITED, Easygo Business Co., Ltd, and BCI TECH PTE. LTD.
Participating Entities

The private placement involves a consortium of institutional and individual investors. These entities have agreed to purchase PIPE Units from Zhibao Technology Inc. as part of the financing arrangement.
Transaction Details

The agreement stipulates the sale of 442,000,000 PIPE Units, with each unit comprising one Class A ordinary share and one warrant to purchase an additional Class A ordinary share at an exercise price of $0.35. The total purchase price for these units amounts to $154,700,000, which will be settled through the contribution of 2,380 Bitcoins.
Bitcoin Consideration

The valuation of the Bitcoin contribution is based on prevailing market prices as of July 30, 2026, with each Bitcoin assessed at $65,000. This approach highlights a novel payment structure utilizing digital assets for a significant portion of the financing.
Use of Proceeds

Zhibao Technology Inc. intends to allocate the proceeds from this transaction towards general expenditures, business development, and investment in research and development, including AI implementations. Furthermore, a portion of the funds will support the Company's Digital Asset Reserve strategy, which involves the integration of Bitcoin as a treasury asset.

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Which entities are participating as investors in the PIPE deal?

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