Zhibao Technology Signs Definitive Agreement to Acquire NEXSYS TECH for Planned AI Computing Infrastructure Business
KEY HIGHLIGHTSStrategic Acquisition: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has entered into a definitive Merger and Acquisition Agreement dated September 28, 2026, to acquire 100% of the issued shares of NEXSYS TECH SDN. BHD. ("NEXSYS"), a newly incorporated Malaysian entity set to develop an AI computing infrastructure business. Performance-Based Share Consideration: The transaction structure comprises $1 in cash at closing plus up to $7.5 million in...