Meten EdtechX Education Group Ltd. (NASDAQ: METX), one of the leading omnichannel English language training (“ELT”) service providers in China, today announced that it intends to offer ordinary shares for sale to the public in an underwritten public offering (“Offering”). The Company intends to use the net proceeds from this offering for general corporate and working capital needs. The ordinary shares are trading on The Nasdaq Capital Market under the symbol “METX.” The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

Aegis Capital Corp. is acting as the sole book-running manager for the offering.

The Offering is being made pursuant to an effective shelf registration statement on Form F-3 (No. 333-256087) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on May 21, 2021.