Classover Approved for Options Trading

Rhea-AI Summary

Classover Holdings (NASDAQ: KIDZ), a provider of interactive online learning, has received approval from Nasdaq for options trading on its Class B common stock across multiple U.S. options exchanges. The options will trade under the ticker 'KIDZ' with various expiration dates and strike prices. CEO Ms. Luo emphasized that this milestone demonstrates the company's increased market visibility and liquidity, as options trading is not available to all Nasdaq-listed companies. The options will be accessible through major brokerage platforms, offering investors enhanced flexibility to manage risk, hedge positions, and participate in Classover's growth through various trading strategies.

Positive

• Approval for options trading indicates increased market visibility and liquidity
• Expanded investment opportunities and risk management tools for investors
• Options trading availability through major brokerage platforms enhances accessibility

Negative

• None.

NEW YORK, NY / ACCESS Newswire / June 6, 2025 / Classover Holdings, Inc. (Nasdaq:KIDZ)(Nasdaq:KIDZW) ("Classover" or the "Company"), a leading provider of live, interactive online learning, today announced that it has been notified by Nasdaq that options on its Class B common stock have been approved for trading on multiple U.S. options exchanges.

The options, which will trade under the ticker symbol "KIDZ", will feature a range of standard expiration dates and strike prices. This listing of options on the Company's Class B common stock enables investors to utilize a wider array of strategies to manage risk, hedge positions, and capitalize on Classover's performance and long-term growth prospects.

"Options trading is not available to all Nasdaq-listed companies. This milestone reflects Classover's increasing visibility and liquidity in the public markets," said Ms. Luo, Chief Executive Officer of Classover. "We believe the availability of options trading enhances the investment experience and provides additional tools for investors to participate in our continued growth journey."

The Company's options will be available through major brokerage platforms and trading networks that support equity options, which is expected to offer greater flexibility and expanded access to Classover's securities.

About Classover

Founded in 2020 and headquartered in New York, Classover has rapidly emerged as a leader in educational technology, specializing in live online courses for K-12 students worldwide. Offering a diverse curriculum tailored to different learning levels and interests, Classover empowers students through personalized instruction, innovative course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to redefining education through accessible, high-quality learning experiences.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: Classover's ability to execute its business model, including obtaining market acceptance of its products and services; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover's ability to maintain the listing of its securities on Nasdaq; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in the definitive proxy statement/prospectus included in the Registration Statement on Form S-4 filed by Classover in connection with its previously consummated business combination with Battery Future Acquisition Corp. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts:

Classover Holdings Inc.
ir@classover.com
800-345-9588

SOURCE: Classover Holdings, Inc.

View the original press release on ACCESS Newswire

FAQ

What does options trading approval mean for Classover (KIDZ) stock?

Options trading approval means investors can now trade options on KIDZ stock, providing additional tools for risk management, hedging, and investment strategies through major brokerage platforms.

When will Classover (KIDZ) options begin trading?

The press release indicates that options have been approved for trading on multiple U.S. options exchanges, with availability through major brokerage platforms, though a specific start date was not provided.

What types of options will be available for Classover (KIDZ)?

Classover options will trade under the ticker KIDZ and will feature a range of standard expiration dates and strike prices.

Why is options trading approval significant for Classover (KIDZ)?

Options trading approval is significant because it's not available to all Nasdaq-listed companies, reflecting Classover's increased market visibility and liquidity in public markets.