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

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

Meten Holding Group Announces Proposed Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares

September 1, 2021 4:40 PM EDT

SHENZHEN, China, Sept. 1, 2021 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding" 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 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... More