Ruanyun edai technology inc. announces closing of initial public offering

Nanchang, china, april 09, 2025 (globe newswire) -- ruanyun edai technology inc. (“ruanyun” or the “company”), a leading ai-powered education technology company in china, today announced the successful closing of its initial public offering (the “offering”) of 3,750,000 ordinary shares (the “ordinary shares”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $15,000,000, before deducting underwriting discounts and other offering expenses. the ordinary shares commenced trading on the nasdaq capital market on april 8, 2025 under the ticker symbol “ryet”.
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