EpicQuest Education Group International Ltd. $(EEIQ)$, a provider of higher education for students in the US, Canada, and the UK, has successfully closed a private placement offering, raising $1.8 million. The offering included 4,500,000 ordinary shares and warrants to purchase an additional 13,500,000 ordinary shares, priced at $0.40 per share with accompanying warrants. The warrants are immediately exercisable at $0.48 per share and will expire one year from the issuance date. The company intends to utilize the proceeds to support general corporate purposes and to advance its operating and growth objectives.
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