DealsOct 13, 2026, 04:31 PM
DirectBooking Technology Raises $2.35M in PIPE Transaction
AI Summary
DirectBooking Technology Co., Ltd. announced a PIPE transaction through a subscription agreement with certain investors. The company will issue and sell 5,000,000 class A ordinary shares at $0.47 per share, for an aggregate purchase price of $2,350,000. The issuance is being made in reliance on Regulation S. Upon closing, the company's total issued and outstanding Class A Ordinary Shares will be 12,992,639.
Key Highlights
- DirectBooking Technology Co., Ltd. entered into a subscription agreement for a PIPE transaction.
- The company will issue and sell 5,000,000 class A ordinary shares at $0.47 per share.
- The aggregate purchase price for the PIPE transaction is $2,350,000.
- The transaction is being conducted in reliance upon Regulation S exemption from registration under the Securities Act.
- Post-closing, the company will have 12,992,639 Class A Ordinary Shares issued and outstanding.
Price Impact
More from ZDAI