Elite Education Group International Ltd (EEIQ) News

education

Elite Education Group International Limited (Nasdaq: EEIQ) ("EEG"), a provider of comprehensive, one-stop education solutions for Chinese students interested in study abroad programs in the US and other countries, today announced that the underwriters of the Company's completed $6.0 million initial public offering of 750,000 units have partially exercised their over-allotment option to purchase an additional 31,343 shares of common shares at $7.98 per share. Each unit consists of one common share, one Series A warrant, and one Series B warrant. As previously announced, the underwriters have exercised their option to purchase in full (i) Series A warrants to purchase 112,500 common shares, and (ii) Series B warrants to purchase 112,500 common shares.

stocknews.com     Apr 26, 2021