DirectBooking shares jump 27.94% premarket after securing $15M in PIPE financing with 16 non-U.S. investors.

DirectBooking Technology (NASDAQ:ZDAI) surged 27.94% in premarket trading following the announcement of a $15 million private placement (PIPE) with 16 non-U.S. investors, which injected liquidity and signaled institutional confidence in the company. This development contrasted with recent bearish sentiment reflected in a 28% monthly share price decline and a historically low P/S ratio, as highlighted in prior analysis. The PIPE deal, by addressing capital needs and stabilizing investor concerns, directly aligned with the stock’s upward movement, suggesting renewed market optimism amid ongoing scrutiny of the company’s growth sustainability and risk factors.