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Promethean Set to Operate as a Standalone Company with New Merger Agreement

PR Newswire - Press Release

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Company plans to merge with Gravitas Education Holdings, Inc. to deliver greater strategic and operational focus

SEATTLE, April 19, 2023 /PRNewswire/ -- Promethean, a leading global education technology company, announced today that its parent company, NetDragon Websoft Holdings Limited, has approved a plan and entered into the related agreements to spin off the Promethean group of entities into a separate company that will subsequently merge with Gravitas Education Holdings, Inc., a public company.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
GEHI 13.23 +0.72 +5.78%
Gravitas Education Hldgs Inc

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