11:04 AM EDT, 04/02/2024 (MT Newswires) -- Zhibao Technology (ZBAO) shares slid more than 12% in recent Tuesday trading, after the company made its debut on the Nasdaq Capital Market.

Late Monday, the company said it priced its initial public offering of 1.5 million class A ordinary shares at $4 per share.

The offering is set to close Wednesday.

Price: 3.50, Change: -0.50, Percent Change: -12.50