China Online Education Group Enters into Definitive Agreement to Spin off China Mainland Business
51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares (COE)
Last 51talk online education group american depositary shares, each representing 60 class a ordinary shares earnings: 5/22 05:00 am
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Source: PR Newswire
BEIJING, June 24, 2022 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, today announced that it has entered into a definitive share purchase agreement, dated June 24, 2022 (the "Share Purchase Agreement"), with Dasheng Holding (HK) Limited ("Dasheng"), an entity controlled by Mr. Jiajia Jack Huang, chairman of the board of directors (the "Board") and chief executive officer of the Company, pursuant to which Mr. Jiajia Jack Huang, through Dasheng, will acquire all of the Company's online English tutoring businesses in the China mainland, including all associated liabilities and assets (the "China Mainland Business"), for US$1.The China Mainland Business is conducted by the subsidiaries of and variable interest entities controlled by China Online Education (HK) limited ("COE HK"), which is in turn a wholly-owned subsidiary of the Company. Pursuant to the Share Purchase Agree
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COE
News
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- China Online Education Group (NYSE:COE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
COE
Sec Filings
- 3/22/24 - Form 6-K
- 2/29/24 - Form SC
- 2/22/24 - Form SC
- COE's page on the SEC website