Zhibao Technology Announces $154.7M PIPE At $0.35 Per Unit Fully Paid In 2,380 Bitcoin; Investors To Designate Four Of Five Board Seats, New CEO And CFO
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Why It Matters
A company called Zhibao got $154.7 million from investors who bought in at a low price and now get to pick most of the board and leadership. When investors get this much control, it means the old leadership is stepping aside and new people will run things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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