Gravitas Education Announces Merger With Elmtree Inc, Set to Rebrand as Mynd.ai and Trade Under Ticker MYND
Gravitas Education Announces Merger With Elmtree Inc, Set to Rebrand as Mynd.ai and Trade Under Ticker MYND
Gravitas Education Holdings, Inc. (the "Company") (NYSE:GEHI) announced that the effective time of the merger between Bright Sunlight Limited, a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Company (the "Merger Sub") and Elmtree Inc., a Cayman Islands exempted company limited by shares wholly owned by Best Assistant Education Online Limited, a Cayman Islands exempted company ("Best Assistant") and a controlled subsidiary of NetDragon Websoft Holdings Limited (HKEX: 0777, "NetDragon") ("eLMTree") (the "Merger") is expected to be 3:00 A.M. (Eastern Time) on December 13, 2023.
Gravitas Education Holdings, Inc.（以下簡稱 “公司”）（紐約證券交易所代碼：GEHI）宣佈，開曼群島豁免公司、公司直接全資子公司Bright Sunlight Limited（“合併子公司”）與開曼群島豁免公司Best Assistant Education Online Limited（“最佳助手”）全資擁有的開曼群島豁免公司Elmtree Inc. 合併的生效時間網龍網絡軟件控股有限公司（HKEX：0777，“網龍”）（“ElmTree”）（“合併”）的控股子公司預計將於 3:002023 年 12 月 13 日上午（東部時間）。
As a result of the Merger, GEHI will change its corporate name to "Mynd.ai, Inc." and its ticker to "MYND." The CUSIP of the Company's ADSs will be changed to 628988 107. The ISIN of the Company's ADSs will be changed to US6289881079. The ADSs of the Company are expected to start trading on NYSE American under the new name and ticker at the open on December 13, 2023.
合併後，GEHI將把公司名稱改爲 “Mynd.ai, Inc.”，股票代碼改爲 “MYND”。該公司ADS的CUSIP將更改爲628988 107。該公司 ADS 的 ISIN 將更改爲 US6289881079。該公司的ADS預計將於2023年12月13日開盤時以新的名稱和股票在紐約證券交易所美國證券交易所開始交易。
The previously announced purchase by an affiliate of Ascendent Rainbow (Cayman) Limited of US$65 million principal amount of secured convertible notes issued by the Company is expected to take place concurrently with the effective time of the Merger.
Ascendent Rainbow（開曼）有限公司的子公司先前宣佈購買該公司發行的本金6,500萬美元的有擔保可轉換票據，預計將在合併生效時同時進行。
The previously announced secondary sale between NetDragon WebSoft, Inc. ("ND BVI"), a company incorporated in the British Virgin Islands and a wholly-owned subsidiary of NetDragon, and Joy Year Limited, Bloom Star Limited, Ascendent Rainbow (Cayman) Limited, Trump Creation Limited and China Growth Capital Limited (collectively, the "Founding Shareholders") has completed on December 12, 2023, pursuant to which ND BVI has acquired 8,528,444 Class A ordinary shares of the Company (representing 30% of the outstanding share capital of the Company as of the date hereof) from the Founding Shareholders at an aggregate consideration of US$15 million.
NetDragon WebSoft, Inc.（“ND BVI”）（一家在英屬維爾京群島註冊成立的公司，也是網龍的全資子公司）與Joy Year Limited、Bloom Star Limited、Ascendent Rainbow（開曼）有限公司、特朗普創作有限公司和中國成長資本有限公司（統稱 “創始股東”）之間先前宣佈的二次出售已於2023年12月12日完成，ND BVI據此收購了8,528,4444筆公司A類普通股（佔截至本文發佈之日公司已發行股本的30％）來自創始股東，總對價爲1,500萬美元。
The previously announced divestiture by the Company of all its education business in China to Rainbow Companion, Inc., a purchaser consortium formed by the Founding Shareholders and their affiliates at a consideration of US$15 million has completed on December 12, 2023. The Company has ceased to operate any education business in China.
公司此前宣佈將其在中國的所有教育業務剝離給Rainbow Companion, Inc.（由創始股東及其關聯公司組成的買方財團，對價爲1,500萬美元）已於2023年12月12日完成。該公司已停止在中國經營任何教育業務。
譯文內容由第三人軟體翻譯。