Meten EdtechX Education Group (METX) Announces Initiative to Develop Blockchain and Cryptocurrency Business

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Meten EdtechX Education Group (METX) Prices 200M Share Offering at $0.30/sh

September 2, 2021 5:32 AM EDT

Meten Holding Group Ltd. (NASDAQ: METX) today announced the pricing of an underwritten public offering of ordinary shares and pre-funded warrants to purchase ordinary shares ("Offering"), with gross proceeds to the Company expected to be approximately $60 million, before deducting underwriting discounts and commissions and other estimated expenses payable by the Company. The Offering equates to 200,000,000 of the Company's ordinary shares at a price of $0.30 per share. The pre-funded warrants shall be offered at the same price per share as the ordinary shares, less the $0.01 per share exercise price of... More

Meten EdtechX Education Group (METX) Announces Proposed Offering of Warrants and Shares, Size not Disclosed

September 1, 2021 4:41 PM EDT

Meten Holding Group Ltd. (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service providers in China, today announced that it intends to offer in an underwritten public offering ordinary shares and pre-funded warrants to purchase ordinary shares ("Offering"). The pre-funded warrants shall be offered at the same price per share as the ordinary shares, less the $0.01 per share exercise price of each pre-funded warrant. The Company intends to use the net proceeds from this offering for general corporate and working capital... More