Nasdaq-listed Zhibao Technology (ticker: ZBAO) has signed a non-binding term sheet with JOYERTECH AND INFORMATION OPC for a planned PIPE financing tied to 3,500 Bitcoin, according to Odaily. The disclosure identifies the document as a non-binding term sheet, indicating the financing remains at a preliminary stage rather than a finalized transaction. The parties named in the report are Zhibao Technology and JOYERTECH AND INFORMATION OPC. No additional terms, pricing details, timeline, or binding commitments were disclosed in the source item. The update was published by Odaily as a homepage headline news brief.
Nasdaq-listed Zhibao Technology (ZBAO) has signed a non-binding term sheet with JOYERTECH AND INFORMATION OPC for a planned PIPE financing based on 3,500 BTC, according to Odaily.
The source item states that the document signed by the two sides is a non-binding term sheet.
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