Zhibao Technology Inc. Class A (ZBAO) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Zhibao Technology Inc. has engaged EF Hutton LLC as the representative of underwriters for a new stock offering, consisting of 1,500,000 Class A ordinary shares, priced at $3.72 each. The company also provides an over-allotment option for up to an additional 225,000 shares to cover over-allotments and will issue warrants for the representative as additional compensation. The offering aims to expand market presence and raise capital, with the terms indicating a confident outlook for the company’s growth.
For further insights into ZBAO stock, check out TipRanks’ Stock Analysis page.
