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DirectBooking Technology Co., Ltd. Enters into $15 Million PIPE Transaction
ZDAI
- DirectBooking Technology Co., Ltd. (ZDAI) entered into a Securities Purchase Agreement on November 3, 2025, for a private placement (PIPE Transaction) with 16 non-U.S. investors to issue 100,000,000 ordinary shares at $0.15 per share, for an aggregate purchase price of $15,000,000.
- The closing of the PIPE Transaction is expected within three business days of the agreement date, and upon closing, the company will have a total of 128,700,000 Ordinary Shares issued and outstanding.
- The company also terminated a previous securities purchase agreement and supplemental agreements related to a contemplated private placement on October 31, 2025.
- The company is obligated to file a registration statement for the resale of these securities within 45 calendar days after the Closing Date.
Nov 4, 2025, 9:30 PM
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