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Golden Sun Education Group Priced, Nasdaq: GSUN

Provides Spanish tutoring services in China.

Industry: Consumer Discretionary

Latest Trade: $17.42 +1.02 (+6.2%)

First Day Return: +307.5%

Return from IPO: +310.0%

Industry: Consumer Discretionary

We are a premium private education service provider located in the Yangtze River Delta, China and a leading provider of Spanish tutorial services in China according to the Industry Report. Established in 1997 and headquartered in Shanghai, China, we have over 23 years of experience in providing educational services that focus on the development of each of our student’s strengths and potential, and promotion of his or her life-long skills and interests in learning. Through our subsidiaries and VIEs, we operate one premium primary private school, one premium secondary private school, three tutorial centers for children and adults, one educational company that partners with high schools to offer their students language classes, and one logistics company that provides logistic services to our schools and tutorial centers. For the years ended September 30, 2020 and 2019, 46% and 45% of our total revenue was generated from our premium primary and secondary private schools, Ouhai Art School and Chongwen Middle school, respectively. Premium private schools in China, including our primary and secondary schools, offer higher quality education, more advanced educational facilities and a generally more satisfying learning environment to students through higher tuition fees than non-premium or mass market private schools.
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IPO News for Golden Sun Education Group
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IPO Data
IPO File Date 05/07/2021
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 4.4
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/21/2022
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 4.4
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Shanghai, China
Founded 1997
Employees 667
Website www.jtyjyjt.com