Meten EdtechX Education Group (METX) Announces Proposed Common Share Offering

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Go back to Meten EdtechX Education Group (METX) Announces Proposed Common Share Offering

Meten EdtechX Announces Proposed Underwritten Public Offering of Ordinary Shares

May 21, 2021 8:00 PM EDT

SHENZHEN, China, May 21, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Meten Edtech X or the Company) (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... More