Rise Education Cayman Ltd Receives Nasdaq Notice Of Non-Compliance And Non-Binding Proposal For Business Combination

T-Reuters

2022/01/19

Rise Education Cayman Ltd :Rise Education Cayman Ltd Receives Nasdaq Notice Of Non-Compliance And Non-Binding Proposal For Business Combination.Rise Education - Pursuant To Proposed Deal, Counter-Party Will Contribute Its Business In Electrical Vehicle Ecosystem In Exchange For Newly Issued Shares.Rise Education Cayman Ltd - Is Evaluating Proposed Transaction Received On January 6, From A Specialized Technology Platform.Rise Education Cayman Ltd - Parties Have Agreed To Negotiate On An Exclusive Basis For A Period Of 28 Days Beginning January 17, 2022.

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