* EpicQuest Education Group (NASDAQ:EEIQ [https://seekingalpha.com/symbol/EEIQ]) announced it has signed a deal with institutional investors to sell about 5.07 million shares (or pre-funded warrants) at $0.73 each in a registered direct offering.
* The gross proceeds are expected to be around $3.7 million, the net proceeds from which will be used for working capital and general corporate purposes.
* EEIQ --25.6% premarket to $0.922
* Source: Press Release [https://seekingalpha.com/pr/20210303-epicquest-education-announces-pricing-of-3_7-million-offering]
MORE ON ELITE EDUCATION
* Financial information for Elite Education [https://seekingalpha.com/symbol/EEIQ/income-statement]
EpicQuest stock falls after pricing $3.7M offering
Published 2 months ago
Aug 25, 2025 at 1:27 PM
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