Zhibao Technology Inc. Signs Share Purchase Agreement
Ticker: ZBAO · Form: 6-K · Filed: Dec 20, 2024 · CIK: 1966750
| Field | Detail |
|---|---|
| Company | Zhibao Technology Inc. (ZBAO) |
| Form Type | 6-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $50,000,000, $3.95, $2.8144 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, share-purchase
TL;DR
Zhibao Tech inked a share purchase deal with GEM on Dec 16th.
AI Summary
On December 16, 2024, Zhibao Technology Inc. entered into a Share Purchase Agreement with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited. This agreement outlines the terms for a share purchase transaction involving the company.
Why It Matters
This filing indicates a significant transaction for Zhibao Technology Inc., potentially impacting its capital structure and future operations.
Risk Assessment
Risk Level: medium — Entering into a share purchase agreement can introduce financial and operational risks depending on the terms and the parties involved.
Key Players & Entities
- Zhibao Technology Inc. (company) — Registrant
- GEM Global Yield LLC SCS (company) — Party to Share Purchase Agreement
- GEM Yield Bahamas Limited (company) — Party to Share Purchase Agreement
- December 16, 2024 (date) — Date of Share Purchase Agreement
FAQ
What is the nature of the Share Purchase Agreement entered into by Zhibao Technology Inc.?
The filing states that Zhibao Technology Inc. entered into a Share Purchase Agreement with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited on December 16, 2024.
Who are the other parties involved in the Share Purchase Agreement with Zhibao Technology Inc.?
The other parties are GEM Global Yield LLC SCS and GEM Yield Bahamas Limited.
When was the Share Purchase Agreement signed?
The Share Purchase Agreement was signed on December 16, 2024.
What type of company is Zhibao Technology Inc.?
Zhibao Technology Inc. is a Cayman Islands exempted company.
Does Zhibao Technology Inc. file annual reports under Form 20-F or Form 40-F?
Zhibao Technology Inc. indicates it files annual reports under Form 20-F.
Filing Stats: 1,358 words · 5 min read · ~5 pages · Grade level 15.5 · Accepted 2024-12-20 17:15:05
Key Financial Figures
- $50,000,000 — ement, GEM has agreed to purchase up to $50,000,000 (the “Aggregate Limit”) of
- $3.95 — Shares at an initial exercise price of $3.95 per Ordinary Share, adjust to certain a
- $2.8144 — cisable at an initial exercise price of $2.8144 per Ordinary Share, adjust to applicabl
Filing Documents
- ea0225312-6k_zhibao.htm (6-K) — 22KB
- ea022531201ex4-1_zhibao.htm (EX-4.1) — 108KB
- ea022531201ex4-2_zhibao.htm (EX-4.2) — 123KB
- ea022531201ex10-1_zhibao.htm (EX-10.1) — 276KB
- ea022531201ex10-2_zhibao.htm (EX-10.2) — 95KB
- ea022531201ex10-3_zhibao.htm (EX-10.3) — 16KB
- 0001213900-24-111275.txt ( ) — 642KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibits. Exhibit Number Exhibit 4.1*+ Form of Class A Ordinary Shares Purchase Warrant Issued to GEM 4.2*+ Form of Class A Ordinary Shares Purchase Warrant Issued to Noteholder 10.1* Share Purchase Agreement by and among GEM, GYBL, and Company 10.2* Registration Rights Agreement by and among GEM, GYBL, and Company 10.3* Waiver Agreement dated December 10, 2024 by and between the Company and Noteholder * Filed herewith. + Certain exhibits and schedules have been omitted in accordance with Item 601(a)(5) of Regulation S-K. The registrant agrees to furnish supplementally a copy of any omitted exhibit or schedule to the Commission upon its request. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Zhibao Technology Inc. Date: December 20, 2024 By: /s/ Botao Ma Name: Botao Ma Title: Chief Executive Officer 3