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0 0 0 0.0335255753786449 0.0241200883954077 0.0240931385759715 0.0456529941249394 0.0456529941249394
Stock impact report

China Liberal Education Holdings Limited Announces Closing of US$8 Million Firm Commitment Initial Public Offering

China Liberal Education Holdings Limited - Ordinary Shares (CLEU) 
Company Research Source: GlobeNewswire
BEIJING, CHINA, May 13, 2020 (GLOBE NEWSWIRE) -- China Liberal Education Holdings Limited (Nasdaq: CLEU) (“China Liberal”), an educational services provider in China, today announced the closing of its initial public offering (“IPO”) of 1,333,333 ordinary shares priced at $6.00 per ordinary share, before underwriting discounts and offering expenses, resulting in gross proceeds of $8,000,000. The offering was conducted on a firm commitment basis and closed on May 12, 2020. The ordinary shares were previously approved for listing on The Nasdaq Capital Market and commenced trading under the ticker symbol “CLEU” on May 8, 2020. Boustead Securities, LLC (“Boustead”), acted as the sole underwriter for the offering, with Zinvest Global Limited in Hong Kong serving as Asian book runner. Hunter Taubman Fischer & Li LLC acted as counsel to China Liberal, and Pryor Cashman LLP acted as counsel to Boustead. China Liberal has granted Boustead a 45-day option to purchase up to an additional 20 Show less Read more
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