EpicQuest Edu Stock Price, News & Analysis

Elite Education Group International Limited (Nasdaq: EEIQ) will present at Noble Capital Markets' Eighteenth Annual Small & Microcap Investor Conference on April 20, 2022. CFO Zhenyu Wu's presentation is set for 10:30 am ET, with a breakout session at 2:30 pm ET. A video webcast will be available on the Company's Investor Relations website and Noble Capital's conference site. Recently, Elite Education acquired 80% of EduGlobal College in British Columbia and secured a controlling interest in Davis College in Toledo, Ohio, enhancing its offerings for students from various regions.

Elite Education Group International Limited (Nasdaq: EEIQ) announced the addition of four new academic programs at Davis College, enhancing its curriculum. The new programs include Digital Marketing, Healthcare Administration, Logistics and Supply Chain Management, and Project Management. These offerings aim to improve student employability and have been developed with input from industry experts. Furthermore, Davis College has received regulatory approval to participate in the State Authorization Reciprocity Agreement (SARA), allowing it to offer online education across numerous states.

Elite Education Group International Limited (Nasdaq: EEIQ) provided an operations update and business outlook on February 10, 2022. The company is executing a strategic plan to expand its ownership of specialized colleges in the US and Canada. Significant acquisitions include 80% of EduGlobal College in Vancouver and a controlling interest in Davis College in Ohio. Recruitment metrics at Miami University Regional Campuses show improvement despite pandemic challenges. The company anticipates growth as travel restrictions ease, enabling more students to attend in-person classes.

Elite Education Group International Limited (Nasdaq: EEIQ) announced participation in the Benzinga All Access event on February 4, 2021. CFO Zhenyu Wu and Board member Craig Wilson presented insights into the company's strategic educational offerings targeted at both domestic and international students. Elite Education recently acquired 80% equity in EduGlobal College and secured controlling rights in Davis College, enhancing its position in the education sector.

Elite Education Group International Limited (Nasdaq: EEIQ) announced that its subsidiary, EduGlobal College, has acquired an 80% stake in EduGlobal and signed an Academic Articulation Agreement with Algoma University. This agreement facilitates a pathway for EduGlobal students who complete their International Undergraduate Pathways Program and English for Academic Purposes Program to pursue degrees at Algoma. The initial intake of international students is anticipated in May 2022. The development aligns with Elite Education's strategic plan to expand into the Canadian market.

Elite Education Group International Limited (Nasdaq: EEIQ) has acquired an 80% stake in EduGlobal College for C$1.0 million (US$0.8 million) and assumed C$200,000 (US$160,000) in liabilities. The company plans to invest C$3.0 million (US$2.4 million) over two years to enhance educational programs and increase enrollment. This acquisition supports Elite Education's strategic growth plan and geographical diversification, following its recent acquisition of Davis College in the US. EduGlobal College aims to attract diverse international students and provide quality education, including English proficiency training.

Elite Education Group International Limited (Nasdaq: EEIQ) announced the acquisition of a 70% controlling stake in Ameri-Can Education Group Corp. on November 26, 2021, for $2.5 million. This acquisition includes 77.78% of voting rights and aims to enhance Elite's growth strategy in providing education solutions for international students. The company plans to develop new programs at Davis College, focusing on high-demand fields like data science and electrical engineering, while also targeting recruitment from Ohio, Michigan, and China.

Elite Education Group International Limited (Nasdaq: EEIQ) plans to enhance its residential facilities near Miami University of Ohio, anticipating increased enrollment for its English Language Center program starting Fall 2022. The company has sold existing properties for approximately 150% of the original purchase price, using the proceeds for development. The upgrades aim to provide better living conditions and security for students, complementing their recruitment efforts. Chairman Jianbo Zhang expressed commitment to supporting Chinese students' academic success.

Elite Education Group International Limited (Nasdaq: EEIQ) announced an expansion into the UK, signing an agreement with The Education Group to recruit Chinese students for University of the West of Scotland. The Company will also represent Coventry University starting the 2021-2022 academic year. This strategic move aims to diversify its recruiting efforts beyond the US and enhance its educational offerings for Asian students. The Chairman, Jianbo Zhang, noted the importance of this expansion to realize sustained growth through strategic initiatives.