China Liberal Education Holdings Ltd

China Liberal Education Holdings Ltd (CLEU) priced its initial public offering on Apr 1, 2020 at $6.00 per share, raising $8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $38M. Hunter Taubman Fischer & Li, Campbells and Tian Yuan advised the company and Pryor Cashman advised the underwriters.

China Liberal Education Holdings Ltd is a Cayman Islands company whose operating company, China Liberal (Beijing) Education Technology Co., Ltd., provides educational services in the PRC under the China Liberal brand. Its core services are Sino-foreign jointly managed academic programs, alongside overseas study consulting and technological consulting.

Status

IPO

Ticker

CLEU

Exchange

Nasdaq Capital Market

Priced

Apr 1, 2020

IPO price

$6.00

Raised

$8M

Market cap at IPO price

$38M

First filed

Aug 5, 2019

Company counsel

Hunter Taubman Fischer & Li, Campbells and Tian Yuan

Underwriters' counsel

Pryor Cashman

Sector

Business services

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.