EEIQ News & Events

EpicQuest Education announced Davis University recently entered into a non-binding Memorandum of Understanding with M Square Business Solutions USA Inc. dba MSM Unify to offer Davis' Masters of Science in Management Program in an online format. The MOU was signed on February 25, 2026, and will be in effect for up to three years.

EpicQuest Education Group announced that Davis University recently entered into an Agency Agreement with Veritas Global for it to be a non-exclusive recruitment agent for Davis' online Masters of Science in Management Program and its Graduate Foundational Program. The Agreement stipulates global recruitment for these programs with focus on China, Hong Kong, Singapore, the Middle East and Southeast Asia, but it exempts Sri Lanka, for which the Company already has entered into a non-binding Memorandum of Understanding with a separate party. The Agreement between Davis and Veritas stipulates that Davis is the sole academic authority and degree-granting institution for its online Masters of Science in Management and Graduate Foundational programs, while Veritas acts as the recruiting, enrollment and administrative services entity.

EpicQuest Education Group Board of Directors approved a reverse stock split of the Company's ordinary shares at a ratio of 1-for-16, and the amendment and restatement of the Company's Amended and Restated Memorandum and Articles of Association in order to reduce the authorized number of Ordinary Shares from 970,000,000 shares to 60,625,000 shares, to reduce the authorized but unissued number of Preferred Shares from 10,000,000 shares to 625,000 shares, and to increase the par value per share of Ordinary Shares and Preferred Shares from $0.0016 to $0.0256 per share. The Reverse Stock Split will be effective on Tuesday, February 17 and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market opens for trading on that same day. The Ordinary Shares will continue to trade on the Nasdaq Capital Market under the trading symbol "EEIQ" but will trade under the following new CUSIP number: G3104J142. As a result of the Reverse Stock Split, every 16 Ordinary Shares held as of the Effective Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from approximately 23,671,667 Ordinary Shares to approximately 1,479,479 Ordinary Shares. There are currently no Preferred Shares outstanding.