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According to CryptoSlate, Nasdaq listed company Zhibao Technology signed a $154.7 million PIPE agreement, with 10 investors paying in 2380 bitcoins and each investor receiving 44.2 million units worth a total of $15.47 million. Investors purchased 442 million units at a price of $0.35 per unit, each unit containing 1 Class A common stock and 2-year warrants, with a potential total issuance of 884 million shares.