RISE Education Cayman Ltd (REDU) News
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Latest REDU News From Around the Web
Below are the latest news stories about RISE EDUCATION CAYMAN LTD that investors may wish to consider to help them evaluate REDU as an investment opportunity.
RISE Education Receives Nasdaq Notification Regarding Minimum Bid Price ComplianceRISE Education Cayman Ltd ("RISE" or the "Company") (Nasdaq: REDU) today announced that it has received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that its continued non-compliance with Nasdaq Listing Rule 5450(a)(1), which requires maintenance of a minimum closing bid price of US$1.00 per share, could serve as an additional basis for the delisting of the Company's securities from Nasdaq. The Company was previ |
RISE Education to Hold Extraordinary General Meeting of Shareholders on April 29, 2022RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU) today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at Room 101, Jia He Guo Xin Mansion, No. 15 Baiqiao Street Guangqumennei, Dongcheng District, Beijing 100062, People's Republic of China, on Friday, April 29, 2022 at 10:00 a.m. (China Standard Time), for the purposes of considering and, if thought fit, approving the transactions contemplated in the Agreement and Plan of Merger (the "Me |
RISE Education Receives Decision from the Nasdaq Hearings Panel for Conditional Continued ListingRISE Education Cayman Ltd (NASDAQ: REDU) (the "Company") announced today that it received a letter from the Nasdaq Stock Market LLC informing it of a favorable decision from the Nasdaq Hearings Panel to grant the Company's request for continued listing on the Nasdaq Stock Market through June 30, 2022, subject to certain conditions, which include that on or before the same date, the Company shall have completed the previously announced proposed business combination with Dada Auto Inc. ("NaaS"), a |
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RISE Education Cayman Ltd Enters into a Definitive Merger Agreement with Dada Auto Inc., an Innovative Technology Solutions Provider to China's Electric Vehicle Charging MarketRISE Education Cayman Ltd (NASDAQ: REDU) (the "Company") and Data Auto Inc. ("NaaS"), a leading operation and technology provider serving China's electric vehicle ("EV") charging market, today announced that they have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which the shareholders of NaaS will exchange all of the issued and outstanding share capital of NaaS for newly issued shares of the Company on the terms and conditions set forth therein in |
RISE Education Cayman Ltd Receives Nasdaq Notice of Non-compliance and Non-binding Proposal for Business CombinationRISE Education Cayman Ltd (the "Company") (NASDAQ: REDU) today announced that on January 11, 2022, the Company was notified by the Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") that the Staff had determined to delist the Company's securities unless the Company timely requested a hearing before a Nasdaq Hearings Panel (the "Panel"). The Staff's determination was based upon its conclusion that the Company is a "public shell" as that term is defined in Na |
RISE Education Announces Closing of the Sale of Rise (Tianjin) Education Information Consulting Co., Ltd., RISE Education International Limited and Rise IP (Cayman) LimitedRISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced that it has closed its previously announced sale (the "Sale"), in which, the Company has sold (i) all of the equity interests in Rise (Tianjin) Education Information Consulting Co., Ltd. to Wuhan Xinsili Culture Development Co., Ltd. on December 28, 2021; and (ii) all of the equity interests in RISE Education International Limited and Rise IP (Cayman) Limited to Bain Capital Rise Education IV Cayman Limited on De |
RISE Education Cayman Ltd Announces Results of the Extraordinary General Meeting on December 23, 2021RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced the results of the Company's extraordinary general meeting of shareholders (the "EGM") held in Beijing today. |
RISE Education Cayman Ltd to Hold an Extraordinary General Meeting on December 23, 2021RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at Room 101, Jia He Guo Xin Mansion, No. 15 Baiqiao Street Guangqumennei, Dongcheng District, Beijing 100062, People's Republic of China, on Thursday, December 23, 2021 at 4:00 pm. (Beijing time), for the purposes of considering and, if thought fit, passing the following resolutions: |