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.
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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.
