Pricing Details of the Registered Direct OfferingThe combined effective offering price for each ADS and accompanying warrant stands at $1. Investors noted that the Series A Warrants have an initial exercise price of $1 per ADS and will be exercisable immediately upon issuance.Intended Allocation of Net ProceedsJianzhi expects the gross proceeds from the transaction to total approximately $5 million before accounting for placement agent’s fees and related expenses.According to the company statement, “The net proceeds of this offering will be used for working capital and general corporate purposes, including but not limited to supporting business operations, content and product development, marketing activities, and other general corporate needs.”The deal is expected to close on or about Wednesday.Strategic Partnership Background ContextJZ Stock: Critical Levels To WatchFrom a longer-term trend perspective, the chart is still in damage-control mode: the stock is trading 53.6% below its 20-day SMA, 53% below its 50-day SMA, 52.8% below its 100-day SMA, and 64.5% below its 200-day SMA.That’s consistent with the 12-month slide of 80.33% and shows rallies have struggled to hold above widely watched trend lines. RSI is the cleaner momentum read right now, with the indicator at 47.15—basically neutral.