According to CoinMeta, as reported by Cryptoslate, Nasdaq-listed company Zhibao Technology has signed a pipe agreement worth $154.7 million. Ten investors paid with 2,380 bitcoins each, with each investor receiving 44.2 million units, totaling $15.47 million. Investors purchased 442 million units at $0.35 per unit, which includes 1 share of Class A common stock and a 2-year warrant per unit, with a potential total issuance of 884 million shares.