Zeta Network Group - Class A Ordinary Shares (ZNB)

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NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Zeta Network Group (f.k.a. Color Star Technology Co., Ltd.) (NASDAQ: ZNB) (the “Company”), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 15,000,000 of the Company’s Class A ordinary share, par value $0.0025 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $1.00 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0025 per share.

Zeta Network Group partners with SOLV Foundation, a Bitcoin liquid staking platform, to optimize its BTC holdings and develop new DeFi models.

Under the agreement, Zeta plans to deposit its Bitcoin with SOLV, a multi-chain Bitcoin staking and structured finance platform.