Meten EdtechX Education Group (METX) Prices 200M Share Offering at $0.30/sh
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After-Hours Stock Movers 09/01: (INMB) (NCNO) (SMTC) Higher; (METX) (CHWY) (VEEV) Lower (more...)
September 1, 2021 6:04 PM EDTAfter-Hours Stock Movers:
Meten Holding Group Ltd. (NASDAQ: METX) 35% LOWER; 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 needs. The ordinary shares are trading on The Nasdaq Capital Market under the symbol... More
Meten EdtechX Education Group (METX) Announces Proposed Offering of Warrants and Shares, Size not Disclosed
September 1, 2021 4:41 PM EDTMeten 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
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
