EpicQuest Education Announces Expansion of the Davis University Campus to Downtown Toledo
Rhea-AI Summary
EpicQuest Education announced the expansion of Davis University to downtown Toledo, incorporating a new 17,000 square foot classroom and student activities space at 'Tower on the Maumee'. The expansion, set to open for admissions in July 2024, aims to accommodate expected growth in enrollment driven by the company's internationalization strategy. This move supports Davis University's mission to offer career-focused programs and foster a dynamic urban learning environment. EpicQuest plans to enhance international recruiting and provide globalized learning experiences through new programs, including a four-year Bachelor's Degree in Business and STEM courses in Data Science and Computer Engineering.
Positive
- Expansion of Davis University's campus to a new 17,000 sq ft space in downtown Toledo.
- New campus set to open for admissions in July 2024, potentially driving enrollment growth.
- Introduction of new programs, including STEM courses in Data Science and Computer Engineering.
- Focus on internationalization and global recruiting to attract more international students.
Negative
- None.
News Market Reaction – EEIQ
In the trading session that priced this news, EEIQ declined 4.55%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The New 17,000 Square Foot Classroom and Student Activities Space at 'Tower on the
"We are excited to announce the expansion of Davis University into a new location in downtown
Davis University is the only institution of higher learning located in downtown
EpicQuest Education's Mission of Internationalization
The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education's growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company's strategic growth plan is to achieve international expansion and establish EEIQ as a truly international service provider of higher learning.
"Our pathway and collaborative international programs are a vital element of the Company's strategic plan that provides options to our students that customizes their academic journeys," commented EpicQuest Education CFO Zhenyu Wu. "Our four-year Bachelor's Degree in Business supports both our domestic and international recruiting and offers a career path into many professions. Further, Davis University's new STEM programs in Data Science and Computer Engineering continue to attract international students who continue to view the US as the most attractive overseas study abroad country. We are confident that our student-centric approach combined with our growth strategy of internationalization will result in a strong return on investment for both our students and our shareholders."
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US,
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International Limited
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SOURCE EpicQuest Education Group International Limited