Rise education announces expected timing for the completion of the merger with dada auto inc.

Beijing , june 10, 2022 /prnewswire/ -- rise education cayman ltd ("rise" or the "company") (nasdaq: redu) announced that it expects to close the merger between rise and dada auto inc. ("naas") previously announced on february 8, 2022 (the "transaction") after the close of trading hours for the nasdaq stock market later today. as a result of the transaction, rise will change its corporate name to "naas technology inc." and its ticker to "naas.
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