Update on Bay State College Accreditation Status [MarketWatch]
Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20) Class A Ordinary Shares) (AMBO)
US:NYSE Investor Relations:
mzcan.com/us/ambo/irwebsite
Company Research
Source: MarketWatch
Jan 19, 2023 (PRNewswire via COMTEX) -- PR Newswire CUPERTINO, Calif., Jan. 19, 2023 CUPERTINO, Calif., Jan. 19, 2023 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO) today announced that The New England Commission of Higher Education (NECHE) has informed Bay State College (Boston, Mass.) of its intent to withdraw Bay State College's accreditation as of August 30, 2023. The College's Board of Trustees has voted to appeal the decision. NECHE's determination was based on the Commission's opinion that the College could not come into compliance with Institutional Resources (Accreditation Standard 7) within three years. The decision has no bearing on the quality of the Bay State's educational programs or outcomes. Since Ambow's acquisition of the College at the end of 2017, the Company has invested multiple millions of dollars in accordance with its 3-5 year turn-around plan for the College. The College's leadership team believes the sc
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AMBO
Sec Filings
- 3/6/24 - Form 6-K
- 1/29/24 - Form F-6
- 1/29/24 - Form 6-K
- AMBO's page on the SEC website