BEIJING, Aug. 30, 2022 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (“we” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced the addition of an underwriter Assuming not exercising the over-allotment option to purchase the ADSs, an initial public offering of 5,000,000 American Depositary Shares (“ADS”), at an offering price of $5.00 per ADS, would generate gross proceeds of approximately $25,000,000. Each ADS represents two shares of our common stock. The offering closed on August 30, 2022 ET and the ADS began trading on the Nasdaq Stock Market on August 26, 2022 ET under the ticker symbol “JZ.”
The Company has granted the underwriters the right to purchase a total of 750,000 additional ADSs at the initial public offering price within 30 days from the date of the final prospectus.
Univest Securities, LLC is acting as bookrunner for this offering. Kirkland & Ellis International LLP is representing us and Sidley Austin LLP is representing his Univest Securities, LLC.
A registration statement on Form F-1 (File No. 333-257865) relating to the amended offering has been filed with the U.S. Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on August 25. I was. , 2022, US Eastern Time. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, and such offer, solicitation or sale is unlawful in any state or jurisdiction. is not intended to sell any securities. prior to registration or qualification under the securities laws of such state or jurisdiction;
The offering is made solely by means of a prospectus. The offer is made only by means of a prospectus. A copy of the definitive prospectus relating to the offering, if available, may be obtained from Univest Securities, LLC, 75 Rockefeller Plaza, Suite 1838, New York, NY 10019 by calling +1 212-343-8888 or by email. I can do it. A copy of the definitive prospectus may also be obtained from the SEC’s website at www.sec.gov.
About Jianzhi Education Technology Group Company Limited
Headquartered in Beijing and founded in 2011, Jianzhi is a leading provider of digital educational content in China, dedicated to developing educational content to meet China’s enormous demand for quality professional development training resources. rice field. Jianzhi started its business by providing educational content products and IT services to higher education institutions. Jianzhi also provides products for individual customers. Leveraging its strong ability to develop its own professional development training content and its successful integration of educational content resources within the industry, Jianzhi has created a comprehensive and multi-dimensional digital marketing platform that offers a wide range of professional development products. We have successfully built an educational content database. Jianzhi embeds its own digital educational content into its self-developed online learning platform and offers it to a wide range of customers through its omnichannel sales system. Jianzhi is also committed to the digitization and informatization of China’s education sector. For more information, please visit www.jianzhi-jiaoyu.com.
safe harbor declaration
This press release contains statements that may constitute “forward-looking statements” under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the following statements: “will,” “expect,” “forecast,” “goal,” “future,” , “likely”, and similar statements. Statements that are not historical facts, including statements about our beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is contained in our filings with the SEC. All information in this press release is as of the date of this press release, and we undertake no obligation to update any forward-looking statements, except as required by applicable law. Hmm.
For investor and media inquiries, please contact:
Evergreen Consulting Co., Ltd.
Janice Wang, Managing Partner
Phone: +1 470-940-3308 (from the US)
+86 138-1176-8559 (from China)