Zhibao Technology cuts convertible note floor price
Zhibao Technology Inc. amended its senior secured convertible notes held by 3i, LP, changing the definition of the Floor Price from $0.30 to $0.22 for notes issued on April 10, 2026 and June 5, 2026.
Rhea-AI Filing Summary
Zhibao Technology Inc. amended its senior secured convertible notes held by 3i, LP, changing the definition of the Floor Price from $0.30 to $0.22 for notes issued on April 10, 2026 and June 5, 2026. All other terms of the notes remain in effect.
The company also includes cautionary language regarding forward-looking statements, noting that actual results may differ due to factors such as business development, financial condition, valuation changes, expenditures, and global economic conditions, and refers readers to its Form 20-F, other Form 6-K reports, and additional documents filed with the SEC for further risk information.
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Filing Explained
As a Form 6-K, this report furnishes interim material information and is incorporated by reference into the company’s Form S-8 registration statement and amended Form F-1 registration statement, so the disclosure becomes part of those registration records unless later filings supersede it.
Key Figures
Key Terms
Senior Secured Convertible Notes financial
Floor Price financial
forward-looking statements regulatory
foreign private issuer regulatory
FAQ
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What change did Zhibao Technology (ZBAO) make to its convertible notes?
Who is 3i, LP in relation to Zhibao Technology (ZBAO)?
When was the amendment to Zhibao Technology's (ZBAO) notes signed?
Did the amendment change any other terms of Zhibao Technology's (ZBAO) notes?
How does Zhibao Technology (ZBAO) describe forward-looking statements in this report?
AI-generated analysis. How Rhea-AI works. Not financial advice.