Epicquest education announces that its 70%-owned ameri-can subsidiary completes its acquisition of davis college

Middletown, ohio , dec. 13, 2022 /prnewswire/ -- epicquest education group international limited (nasdaq: eeiq), (the "company" or "epicquest education"), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in the us, canada and the uk, today announced that on december 1, 2022, ameri-can education group corp. ("ameri-can") completed its acquisition of davis college. on november 26, 2021, epicquest education acquired 70% of ameri-can which, at that time, held the right to the underlying equity of davis college in the form of a $1 million loan, which was converted into 100% of the common stock of davis college.
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