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Project Overview
Pipe Network is transforming media streaming with a decentralized Content Delivery Network (CDN) on Solana’s high-performance blockchain. This secure, scalable, and hyper-localized solution enables permissionless contributors to deploy Points of Presence (PoPs) in targeted regions, ensuring lightning-fast access to high-quality media and real-time applications.
FORT Robotics Secures Additional Approximately $20 Million Investment Commitment from Tiger Global and Others, Plans to List on NASDAQ Through a SPAC Merger
According to an official press release from FORT Robotics, physical AI security platform FORT Robotics announced on October 22 that it secured approximately $20 million in new investment commitments from existing investors. Tiger Global led approximately $10 million of the financing round, with Mark Cuban Companies participating, and the closing is expected to take place within this week. Tiger Global also committed an additional $10 million to the PIPE (private investment in public equity) transaction scheduled to close concurrently with the merger. Including previously announced PIPE commitments, the total committed capital for FORT’s proposed business combination with Newbury Street II Acquisition Corp. (NASDAQ: NTWO) has exceeded $50 million. Following the completion of the merger, the company will be renamed FORT Robotics Holdings, Inc., and plans to list on NASDAQ under the ticker symbol “FROB,” pending regulatory approval.
Solana treasury company SkyAI shareholder seeks to veto all directors, company in governance crisis
Odaily News - Bastion Trading Limited, a shareholder holding 9.99% of Solana treasury company SkyAI, stated in an SEC filing that it plans to vote against all five current directors at the annual shareholders' meeting on September 18. Bastion expressed deep concerns over the company's amendments to its charter that weaken shareholder rights, the board's implementation of a poison pill without shareholder vote, and related-party transactions. Independent director Annemarie Tierney resigned in December 2025, having previously raised issues regarding potential conflicts of interest and related-party transactions with management. SkyAI, formerly Sharps Technology, established its Solana treasury in August 2025 through a PIPE financing round raising over $400 million. The company currently holds approximately 2 million SOL, with a current market value of around $59 million. Its stock price has declined approximately 86% over the past year.
Zhibao Technology Completes $154.7 Million PIPE Financing, Investors Pay with 2,380 BTC
Nasdaq-listed company Zhibao Technology (Ticker: ZBAO) completed a USD 154.7 million PIPE financing, with investors making full payment using 2,380 Bitcoins (valued at a benchmark price of USD 65,000 per coin as of July 30). The financing issued 442 million PIPE units at a price of USD 0.35 per unit, each unit consisting of one share of Class A ordinary stock and one two-year warrant, with an exercise price of USD 0.35 per share. 395.6 million units were delivered at closing, and the remaining 46.32 million units are to be delivered pending shareholder approval, without additional consideration.
Zhibao Plans to Sell Shares for Approximately $220 Million in Bitcoin, Buyer May Gain Majority Board Seats
Zhibao Technology, a Nasdaq-listed digital insurance products company, announced it has signed a non-binding term sheet with Joyertech and Information OPC. The company plans to sell shares through a PIPE financing, receiving approximately 3,500 Bitcoins as consideration, valued at around $220 million at current prices. The transaction remains subject to final valuation, custody arrangements, audit verification, regulatory review, Nasdaq compliance, and the signing of a definitive agreement. According to the term sheet, upon the closing of the PIPE financing, the buyer is expected to designate a majority of the members of Zhibao's Board of Directors, while the existing management team will continue to be responsible for day-to-day operations. On July 15, Zhibao disclosed that it had received a deficiency notice from Nasdaq because its stock price had fallen below $1.00 per share. The company has 180 calendar days, until January 6, 2027, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share.
Zhibao Technology Signs Non-Binding Term Sheet with Joyer Tech for PIPE Financing Based on 3,500 Bitcoins
Chinese listed company Zhibao Technology has announced the signing of a non-binding term sheet with Joyer Tech for a PIPE financing based on 3,500 Bitcoins.
Adam Back's BSTR Terminates Original SPAC Merger Agreement, Renegotiates Listing Terms with Cantor Equity Partners
According to CoinDesk, Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners I (CEPO) announced on July 8, 2026, that both parties will no longer proceed with the transaction under the original merger agreement signed in July 2025, but will instead renegotiate new terms to better reflect the current market environment. Meanwhile, the private investment in public equity (PIPE) arrangement attached to the original merger agreement will no longer be a prerequisite condition for the completion of the transaction. CEPO's shareholder meeting originally scheduled for July 10 has been postponed indefinitely; all redemption requests previously submitted will be cancelled, and the relevant shares will be returned to investors. BSTR initially planned to list via this SPAC merger, at which time its balance sheet would hold over 30,000 Bitcoins, and intended to raise up to $1.5 billion through PIPE financing to increase Bitcoin holdings.
FORT Robotics Secures Additional Approximately $20 Million Investment Commitment from Tiger Global and Others, Plans to List on NASDAQ Through a SPAC Merger
According to an official press release from FORT Robotics, physical AI security platform FORT Robotics announced on October 22 that it secured approximately $20 million in new investment commitments from existing investors. Tiger Global led approximately $10 million of the financing round, with Mark Cuban Companies participating, and the closing is expected to take place within this week. Tiger Global also committed an additional $10 million to the PIPE (private investment in public equity) transaction scheduled to close concurrently with the merger. Including previously announced PIPE commitments, the total committed capital for FORT’s proposed business combination with Newbury Street II Acquisition Corp. (NASDAQ: NTWO) has exceeded $50 million. Following the completion of the merger, the company will be renamed FORT Robotics Holdings, Inc., and plans to list on NASDAQ under the ticker symbol “FROB,” pending regulatory approval.
Zhibao Plans to Sell Shares for Approximately $220 Million in Bitcoin, Buyer May Gain Majority Board Seats
Zhibao Technology, a Nasdaq-listed digital insurance products company, announced it has signed a non-binding term sheet with Joyertech and Information OPC. The company plans to sell shares through a PIPE financing, receiving approximately 3,500 Bitcoins as consideration, valued at around $220 million at current prices. The transaction remains subject to final valuation, custody arrangements, audit verification, regulatory review, Nasdaq compliance, and the signing of a definitive agreement. According to the term sheet, upon the closing of the PIPE financing, the buyer is expected to designate a majority of the members of Zhibao's Board of Directors, while the existing management team will continue to be responsible for day-to-day operations. On July 15, Zhibao disclosed that it had received a deficiency notice from Nasdaq because its stock price had fallen below $1.00 per share. The company has 180 calendar days, until January 6, 2027, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share.
Securitize plans to list on the NYSE on July 2, aiming to raise approximately $400 million
the business combination between Securitize and SPAC Cantor Equity Partners II (NASDAQ: CEPT) is expected to raise approximately $400 million (including PIPE, before deducting related expenses). Upon completion of the merger, the new company will be renamed Securitize Corp., and its common stock is planned to begin trading on the New York Stock Exchange under the ticker "SECZ" starting July 2. The CEPT shareholder meeting is scheduled to vote on the transaction on June 29, with the current redemption rate below 30%. Securitize claims to have obtained regulatory licenses related to digital securities infrastructure in both the United States and the European Union, managing over $4 billion in on-chain real-world assets. (PR Newswire)
Related news
FORT Robotics Secures Additional Approximately $20 Million Investment Commitment from Tiger Global and Others, Plans to List on NASDAQ Through a SPAC Merger
According to an official press release from FORT Robotics, physical AI security platform FORT Robotics announced on October 22 that it secured approximately $20 million in new investment commitments from existing investors. Tiger Global led approximately $10 million of the financing round, with Mark Cuban Companies participating, and the closing is expected to take place within this week. Tiger Global also committed an additional $10 million to the PIPE (private investment in public equity) transaction scheduled to close concurrently with the merger. Including previously announced PIPE commitments, the total committed capital for FORT’s proposed business combination with Newbury Street II Acquisition Corp. (NASDAQ: NTWO) has exceeded $50 million. Following the completion of the merger, the company will be renamed FORT Robotics Holdings, Inc., and plans to list on NASDAQ under the ticker symbol “FROB,” pending regulatory approval.
Alpha Modus Makes First Bitcoin Purchase of 3,170 BTC Through PIPE Transaction
Publicly listed fintech company Alpha Modus has announced its first purchase of 3,170 BTC through a PIPE transaction, ranking 27th on the Bitcoin 100 list.
$718 Million in PIPE Warrants Pending Exercise, Strive Extends Exercise Deadline to October 13
Odaily News: The CEO of Strive posted on X that, as of September 11, 2026, Strive has $718 million worth of PIPE warrants with an exercise price of $27 that remain unexercised, with the exercise deadline set for 5:00 PM Eastern Time on October 13, 2026.As October 12 was originally designated as Columbus Day, a federal bank holiday, the deadline has been adjusted, with all other terms remaining unchanged.
Strive Discloses $718 Million in Warrants Pending Exercise at $27 per Share
Matt Cole, CEO of Bitcoin treasury company Strive, stated that as of September 11, the company still has approximately $718 million in PIPE warrants that have not yet been exercised, with an exercise price of $27 per share.Due to the U.S. Columbus Day holiday, the exercise deadline has been extended from October 12 to 5:00 PM Eastern Time on October 13, with all other terms unchanged. According to the company's SEC filings, the unexercised warrants correspond to approximately 26.596 million shares, and full exercise could bring in approximately $718 million in capital.
Solana treasury company SkyAI shareholder seeks to veto all directors, company in governance crisis
Odaily News - Bastion Trading Limited, a shareholder holding 9.99% of Solana treasury company SkyAI, stated in an SEC filing that it plans to vote against all five current directors at the annual shareholders' meeting on September 18. Bastion expressed deep concerns over the company's amendments to its charter that weaken shareholder rights, the board's implementation of a poison pill without shareholder vote, and related-party transactions. Independent director Annemarie Tierney resigned in December 2025, having previously raised issues regarding potential conflicts of interest and related-party transactions with management. SkyAI, formerly Sharps Technology, established its Solana treasury in August 2025 through a PIPE financing round raising over $400 million. The company currently holds approximately 2 million SOL, with a current market value of around $59 million. Its stock price has declined approximately 86% over the past year.
Zhibao Technology Completes $154.7 Million PIPE Financing, Investors Pay with 2,380 BTC
Nasdaq-listed company Zhibao Technology (Ticker: ZBAO) completed a USD 154.7 million PIPE financing, with investors making full payment using 2,380 Bitcoins (valued at a benchmark price of USD 65,000 per coin as of July 30). The financing issued 442 million PIPE units at a price of USD 0.35 per unit, each unit consisting of one share of Class A ordinary stock and one two-year warrant, with an exercise price of USD 0.35 per share. 395.6 million units were delivered at closing, and the remaining 46.32 million units are to be delivered pending shareholder approval, without additional consideration.