Zhibao Technology Inc. - Class A Ordinary Shares (ZBAO)
1.5100
+0.0401 (2.73%)
Zhibao Technology Inc. is a technology-driven company that focuses on developing innovative software solutions and advanced hardware products aimed at enhancing efficiency and productivity across various industries
The company's offerings include cutting-edge applications for data analytics, artificial intelligence, and machine learning, crafted to meet the evolving needs of its diverse clientele. By leveraging state-of-the-art technology and a commitment to research and development, Zhibao Technology aims to empower businesses with the tools necessary for navigating the complexities of the modern digital landscape, ultimately driving growth and operational excellence.
US indices slightly down in premarket trading on Mon amid mixed global trade. Key economic indicators & inflation data in focus this week. Tech stocks surged, while energy & healthcare lagged. Strong jobs report boosted market sentiment.
Shanghai, China, May 15, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (Nasdaq: ZBAO) (“Zhibao” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that it issued an additional 23,765 Class A ordinary shares of the Company pursuant to the partial exercise of the underwriters’ over-allotment option in connection with the Company’s initial public offering at $4.00 per share, resulting in additional gross proceeds of $95,060.
Shares of Massimo Group, which manufactures and distributes powersports vehicles and motorboats, opened for trading at $3.60, 20% below the offer price. Zhibao Technology also made its public debut on Tuesday.
Zhibao Technology (NASDAQZBAO), a leading and high-growth InsurTech company primarily providing digital insurance brokerage services through its operating entities in China, recently announced the closing of its initial public offering. The offering consisted of 1,500,000 Class A ordinary shares, each at $4.00, for aggregate gross proceeds of $6,000,000 before deductions. According to the announcement, the company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A ordinary shares to cover the over-allotment at the public offering price, less underwriting discounts and commissions. The Class A ordinary shares began trading on the Nasdaq Capital Market on Apr. 2, 2024, under the symbol ZBAO. EF Hutton LLC acted as the sole book-running manager for the offering.
Shanghai, China, April 03, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (Nasdaq: “ZBAO” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the closing of its initial public offering ("Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per Class A ordinary share for aggregate gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses. The Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A ordinary shares to cover the over-allotment at the public offering price, less underwriting discounts and commissions. The Class A ordinary shares began trading on the Nasdaq Capital Market on April 2, 2024 under the symbol "ZBAO."
