Zhibao Technology signs deal to buy Malaysia’s NEXSYS TECH in up to USD 7.5 million earn-out shares

Bitget2026/09/28 12:07

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Zhibao Technology entered a definitive agreement dated Sept. 28, 2026 to acquire 100% of Malaysia-based NEXSYS TECH.
Consideration includes USD 1 cash at closing, with up to USD 7.5 million in contingent earn-out paid only in Class A ordinary shares.
Earn-out depends on up to USD 3.015 million in cumulative audited net profit over a 27-month period from Oct. 1, 2026.
NEXSYS is newly incorporated, with planned operations in AI computing infrastructure such as high-end GPU servers and hosting or leasing services.
Preliminary cooperation arrangements cover data center facilities in East Malaysia and Indonesia totaling about 26 MW of rack power capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhibao Technology Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609280800NEWSFILECNPR____20260928_316292_1) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Zhibao Technology signs deal to buy Malaysia’s NEXSYS TECH in up to USD 7.5 million earn-out shares

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