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EpicQuest Education Group International Limited (EEIQ) announced that its business partner in China has entered into a Cooperation Agreement with a local organizer to share revenue from an exhibition match with the Argentina Men's National Soccer Team. The Agreement stipulates that the Company could potentially earn substantial revenue from the match, with SouthGilmore, a company 40% owned by EEIQ, set to receive a portion of the match revenue. The Argentina Men's National Soccer Team will play two matches in China, with extensive promotional activities planned. The potential gross revenue from the exhibition match could reach RMB 210 million, with EEIQ set to receive 40% of the amounts distributed to SouthGilmore from this match.
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End-of-Day
4.53%
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Rhea-AI Summary
EpicQuest Education Group International Limited (EEIQ) has announced its new sports entertainment segment through its Ohio company, SouthGilmore LLC, entering into an agreement with the Argentine Football Association for the Argentina Men's National Soccer Team to play two exhibition matches in China. This move is expected to open up new revenue streams and synergies with the company's education programs. The company also established a subsidiary, Gilmore Inv LLC, to offer international educational programs related to kinesiology and recreation education. The agreement includes provisions for press conferences, promotional activities, and payment to the AFA for the matches.
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10%
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EpicQuest Education Group International Limited (NASDAQ: EEIQ) announced new initiatives for its owned and operated schools, including the launch of 'Canada's Top 3 Elite Training Program' by EduGlobal College and a collaboration between Davis University and Hetu Education Technology Co., Ltd. The company expects these initiatives to increase enrollment and revenue. The programs aim to provide academic transition, English proficiency courses, career planning, and life services for international students seeking higher education opportunities in Canada.
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-1.57%
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EpicQuest Education Group International Limited (NASDAQ: EEIQ) announced the launch of a new line of business offering international educational programs related to kinesiology and recreation education. The company established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, for this purpose. The new business segment represents a potential dynamic revenue stream and is part of the company's internationalization growth strategy. EEIQ expects to offer courses in kinesiology and recreational education beginning with its 2024 Fall programs.
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-4.44%
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EpicQuest Education Group International Limited (NASDAQ: EEDIQ) announced the conversion of Davis College to Davis University, reflecting the expansion of academic programs and the addition of four-year degree programs. The new designation is expected to increase enrollment and revenue, bolster international recruiting, and strengthen collaborations with other educational institutions.
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End-of-Day
11.3%
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EpicQuest Education Group International Limited (NASDAQ: EEIQ) announced agreements with Cambie College in Canada and Universidad Isidro Fabelo de Toluca S.C. in Mexico to expand academic programming and bolster enrollment. The company aims to enhance internationalization and provide students with more educational options.
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-11.23%
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EpicQuest Education Group International Limited (NASDAQ: EEIQ) has opened a recruiting office in Sri Lanka to attract students from Southeast Asia and the Middle East. The company aims to expand its geographical market for international student recruiting. EduGlobal College also signed a non-exclusive MOU with Apex Ed to recruit international students from Sri Lanka. The Sri Lanka office is located in Colombo and engages in direct recruiting, institutional collaborations, and works with recruitment agents.
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6.11%
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EpicQuest Education to present at GCFF Conference 2023 Main Event in Toronto
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1.48%
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EpicQuest Education Group International Limited (EEIQ) has announced an operations update for Davis College, highlighting a significant increase in international student enrollment, an agreement with a premier recruitment agent in China, a collaboration with Peking University, and regulatory approvals from the Higher Learning Commission for online education. The surge in international enrollment for the first academic quarter of 2023 shows a 191% increase compared to 2022, with 102 international students enrolled. The agreement with New Oriental Consulting, the largest recruitment agent in China, is expected to diversify recruiting efforts. Collaborative programming with Peking University and regulatory approval for online education courses are also key milestones.
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End-of-Day
3.88%
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EpicQuest Education Group International Limited (NASDAQ: EEIQ) has announced agreements with EduGlobal College, Corpus Christi College, and Academy of Learning to promote academic programs and facilitate admission and credit transfers for international students. The agreements aim to enhance students' choices and provide pathways for career goals. EEIQ's growth plan includes international expansion and becoming a global service provider of higher learning.
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Rhea-AI Sentiment
End-of-Day
-6.67%
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EpicQuest Education Group International Limited
Nasdaq:EEIQ
EEIQ Rankings
EEIQ Stock Data
12.15M
3.69M
69.92%
0.02%
0.02%
Elementary and Secondary Schools
Educational Services
United States of America
Middletown