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DirectBooking Technology shares surge 40.50% premarket after securing $15 million in PIPE financing from 16 non-U.S. investors.
ByAinvest
Wednesday, Nov 5, 2025 4:24 am ET1min read
DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) surged 40.50% in premarket trading following the announcement that it secured $15 million in private investment in public equity (PIPE) financing on November 3, 2025. The deal involves issuing 100 million shares to 16 non-U.S. investors, providing liquidity and signaling confidence in the company’s operations. This development contrasts with recent bearish sentiment highlighted in prior reports, which noted a 28% monthly share price decline and a 97% loss over the past year. The bullish move aligns with the immediate positive impact of the financing, which addresses capital needs and potentially stabilizes investor concerns over growth sustainability.
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