TIAN RUIXIANG Holdings Ltd (the “Company”), a China-based insurance broker, successfully completed the initial closing of its best-effort follow-on public offering for the sale of up to 4,800,000 units offered by the Company at a purchase price of US$7.50 per unit pursuant to effective registration statements. The initial closing of 2,000,000 units for aggregate gross proceeds of US$15 million, was made pursuant to the terms of a securities purchase agreement between the Company and several institutional investors.
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Meten EdtechX Education Group Ltd. (the “Company”), one of the leading omnichannel English language training service providers in China, today announced the closing of its underwritten public offering (“Offering”) of 40,000,000 ordinary shares, par value $0.0001 per share, at a public offering price of US$1.00 per ordinary share. The Company received aggregate gross proceeds of US$40 million from this Offering,