Epicquest education announces closing of $1.8 million offering

Middletown, ohio , may 30, 2025 /prnewswire/ -- epicquest education group international limited (nasdaq: eeiq), ("epicquest education", "eeiq" or the "company"), a provider of higher education for domestic and international students in the us, canada and the uk, today announced that on may 27, 2025, it closed a private placement offering of 4,500,000 ordinary shares and warrants to purchase 13,500,000 ordinary shares at a combined purchase price of $0.40 per share and accompanying warrants for gross proceeds of $1.8 million. the warrants are immediately exercisable at an exercise price of $0.48 per share, and expire one year after the issuance date.
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