TCTM Announces US$2.0 million Private Placement of Class A Ordinary Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
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Source: PRnewswire
Share Purchase Agreement: TCTM Kids IT Education Inc. announced a share purchase agreement to sell 25 million Class A ordinary shares for $2 million, with each share priced at approximately $0.08, aimed at supporting expansion into the AI-driven medical software industry.
Company Overview: TCTM is a leading provider of IT-focused supplementary STEM education services in China, offering programs like computer coding and robotics for students aged three to eighteen, while emphasizing innovative educational methods.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
