Meten EdtechX Education Group (METX) Announces Proposed Offering of Warrants and Shares, Size not Disclosed
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Meten EdtechX Education Group (METX) Prices 200M Share Offering at $0.30/sh
September 2, 2021 5:32 AM EDTMeten 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 Initiative to Develop Blockchain and Cryptocurrency Business
September 1, 2021 8:31 AM EDTMeten EdtechX Education Group Ltd. (Nasdaq: METX) today announced that the Company has adopted a new initiative to develop a blockchain and cryptocurrency business (the "New Business Initiative") with the goal of transitioning the Company into a new benchmark among innovative enterprises.
The Company has been exploring the feasibility of blockchain and cryptocurrency business beginning from 2020. As disclosed in a series of press releases in 2021, the Company had devised a blockchain technology strategic plan, intended to... More
