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SPAC · Merger completed

EdtechX Holdings Acquisition Corp.

Business combination with Meten International Education Group

EdtechX Holdings Acquisition Corp. is a blank-check company (SPAC) that raised $55M in its initial public offering on Oct 5, 2018, listing on Nasdaq Capital Market. It completed its business combination with Meten International Education Group on Mar 30, 2020; the combined company is Meten International Education Group (Meten EdtechX) (METX). Graubard Miller advised the SPAC and Schiff Hardin advised the underwriters on the IPO.

Meten International Education Group, headquartered in Shenzhen, China, provides English language training in China, with a focus on adults. It runs a retail and digital business of 149 learning centers across 32 cities under the Meten and ABC brands, plus the Likeshuo digital tutoring platform.

Status
Merger completed
IPO date
Oct 5, 2018
IPO size
$55M
IPO exchange
Nasdaq Capital Market
Target
Meten International Education Group
Announced
Dec 16, 2019
Closed
Mar 30, 2020
Combined company
Meten International Education Group (Meten EdtechX) (METX)
SPAC counsel (IPO)
Graubard Miller
Underwriters' counsel (IPO)
Schiff Hardin

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