Zhibao Technology (ZBAO) Prices 1.5M Share IPO at $4/sh
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Zhibao Technology Inc. Announces Pricing of Initial Public Offering
April 1, 2024 8:18 PM EDTShanghai, April 01, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (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, announced today the pricing of its initial public offering (the Offering) of 1,500,000 Class A ordinary shares at a price of $4.00 per share to the public for a total of $6,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses.
The Company has granted a 45-day option to the underwriters to purchase up to 225,000 additional Class A ordinary shares solely to cover over-allotments,... More
